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Question - Jest Industries is a division of a major corporation. Last year the division had total sales of $33,667,200, net operating income of $4,679,741, and average operating assets of $7,014,000. The company's minimum required rate of return is 22%.
Required:
a. What is the division's margin?
b. What is the division's turnover?
c. What is the division's return on investment (ROI)?
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arden corporation just received a special order to make 7500 units of a specialized calculator. if arden has sufficient
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Feng Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $42,300.
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