Stanley Corporation reports the following information: ⚫ Income from operations: $45,000 ⚫ Invested assets: $250,000 . ⚫ Sales: $1,000,000 Show the a) profit margin, b) investment turnover and c) rate of return on investment.
Stanley Corporation reports the following information: ⚫ Income from operations: $45,000 ⚫ Invested assets: $250,000 . ⚫ Sales: $1,000,000 Show the a) profit margin, b) investment turnover and c) rate of return on investment.
Chapter9: Responsibility Accounting And Decentralization
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Stanly corporation reports the following information solve this accounting questions
![Stanley Corporation reports the following information:
⚫ Income from operations: $45,000
⚫ Invested assets: $250,000
.
⚫ Sales: $1,000,000
Show the a) profit margin, b) investment turnover and c) rate
of return on investment.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd78769e0-a9df-4080-958d-1a28ed1d6cad%2F853e4bcc-6e79-4579-91cc-6aee37fb27f9%2F6ydtieh_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Stanley Corporation reports the following information:
⚫ Income from operations: $45,000
⚫ Invested assets: $250,000
.
⚫ Sales: $1,000,000
Show the a) profit margin, b) investment turnover and c) rate
of return on investment.
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