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



Title: Logan Corporation reported the following operating data for the past year:Sales$400,000Net operating ...
Post by: gslwong on Jan 29, 2023
Logan Corporation reported the following operating data for the past year:

Sales$400,000
Net operating income20,000
Total liabilities, December 31130,000
Assets, January 1150,000
Assets, December 31170,000

Required:

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


Title: Logan Corporation reported the following operating data for the past year:Sales$400,000Net operating ...
Post by: Ranim_Saleem on Jan 29, 2023
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