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


Title: The Logan Company reported the following operating data for the past year:Sales$600,000Net operating ...
Post by: ericayi on Jan 29, 2023
The Logan Company reported the following operating data for the past year:

Sales$600,000
Net operating income30,000
Total liabilities, December 31120,000
Assets, January 1250,000
Assets, December 31150,000

Required:

a.Calculate Logan's margin.
b.Calculate Logan's asset turnover.
c.Calculate Logan's ROI.

Title: The Logan Company reported the following operating data for the past year:Sales$600,000Net operating ...
Post by: jtarinay on Jan 29, 2023
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