The following data are for the Akron Division of Consolidated Rubber, Inc.:
Sales $950,000
N...
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Business, 15.12.2020 16:20 haleygreene3728
The following data are for the Akron Division of Consolidated Rubber, Inc.:
Sales $950,000
Net operating income $65,000
Average operating assets $450,000
Stockholders' equity $95,000
Residual income $35,000
For the past year, the margin used in ROI calculations was:
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