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Business, 01.12.2021 03:30 mstrish71oteauw

Sales $ 4,000,000 $ 7,000,000 Average operating assets $ 2,000,000 $ 2,000,000 Net operating income $ 360,000 $ 420,000 Property, plant, and equipment (net) $ 950,000 $ 800,000 Required: 1. Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnover. 2. Which divisional manager seems to be doing the better job

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Sales $ 4,000,000 $ 7,000,000 Average operating assets $ 2,000,000 $ 2,000,000 Net operating income...
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