The records of the Steel Division of Valcor Industries show the following for last year: Sales Revenue = $4,500,000 Operating Income = $1,125,000 Operating Assets = $3,000,000 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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The records of the Steel Division of Valcor Industries show
the following for last year:
Sales Revenue = $4,500,000
Operating Income = $1,125,000
Operating Assets = $3,000,000
What is the sales margin for the division?
Transcribed Image Text:The records of the Steel Division of Valcor Industries show the following for last year: Sales Revenue = $4,500,000 Operating Income = $1,125,000 Operating Assets = $3,000,000 What is the sales margin for the division?
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