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Calculate the average operating assets

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Reference no: EM133164618

Question - Multiclass, Inc., provided the following information for two of its divisions for last year: Snack Foods Division include: Sales - $30,000,000; Operating income - $1,800,000; Operating assets, January 1 - $9,600,000 and Operating assets, December 31 - $10,400,000. Appliance Division include: Sales - $117,000,000; Operating income - $3,510,000; Operating assets, January 1 - $17,500,000 and Operating assets, December 31 - $21,500,000. Calculate the Average operating assets for the Snack Foods Division.

Reference no: EM133164618

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