Ending 140,000 120,000 530,000 380,000 620,000 280,000 450,000 320,000 680,000 2
ID: 2590877 • Letter: E
Question
Ending 140,000 120,000 530,000 380,000 620,000 280,000 450,000 320,000 680,000 250,000 180,000 170000 2,020,000 $ 2,100,000 Liabilities and Stockholders' Equity ,500,000 60,000 $ 360,000 310,000 ,500,000 290,000 Long-term debt equity equity $ 2,020,000 s 2,100,000 4,050,000 3,645,000 Operating expenses Net operating income Interest and taxes: $150,000 110,000 Tax expense Net income 260,000 145,000 The company paid dividends of $15,000 last year. The "Investment in Buisson, S.A.,' on the bal lance sheet represents an investment in the stock of another compar Required: . Compute the company's margin, turnover, and return on investment (ROI) for last year. (Round your answers to 1 decimal place.) 10.01%Explanation / Answer
Operating assets do not include investments in other companies or in undeveloped land.
Margin = Net income / Sales Margin = $145,000 / $4,050,000) Margin = 3.58%Related Questions
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