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Compute the margin and turnover ratios

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Reference no: EM131697298

Question: Margin, Turnover, Return on Investment Pelak Company had sales of $30,000,000, expenses of $27,600,000, and average operating assets of $6,000,000.

Required: Compute the

(1) operating income,

(2) margin and turnover ratios, and

(3) ROI.

Reference no: EM131697298

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