The records of the Electronics Division of NovaTech Corporation show the following for last year: Sales Revenue = $6,800,000 Operating Income = $1,700,000 Operating Assets = $4,000,000 What is the sales margin for the division?

The records of the Electronics Division of NovaTech Corporation show the following for last year: Sales Revenue = $6,800,000 Operating Income = $1,700,000 Operating Assets = $4,000,000 What is the sales margin for the division?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter12: Balanced Scorecard And Other Performance Measures

Section: Chapter Questions

Problem 5EA: During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of...

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Question

What is the sales margin for the division of the financial accounting?

The records of the Electronics Division of NovaTech
Corporation show the following for last year:
Sales Revenue = $6,800,000
Operating Income = $1,700,000
Operating Assets = $4,000,000
What is the sales margin for the division?

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