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Other Fields Homework Help Accounting Topic started by: dove298 on Jan 29, 2023



Title: Bethlehem Corporation had $1,000,000 in sales which resulted in operating income of $62,000. On ...
Post by: dove298 on Jan 29, 2023
Bethlehem Corporation had $1,000,000 in sales which resulted in operating income of $62,000. On January 1, Bethlehem reported $920,000 in assets. Because of a downturn in the economy, Bethlehem sold several assets during the year. Its December 31 balance sheet reported only $580,000 in assets.

Required:

a.Calculate Bethlehem's margin.
b.Calculate Bethlehem's asset turnover.
c.Calculate Bethlehem's return on investment.


Title: Bethlehem Corporation had $1,000,000 in sales which resulted in operating income of $62,000. On ...
Post by: Omfgtimmy on Jan 29, 2023
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