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

Title: Gooding Custom Design generated $320,000 in operating income on sales revenue of $2,500,000. The ...
Post by: frustelle on Jan 29, 2023

Gooding Custom Design generated $320,000 in operating income on sales revenue of $2,500,000. The company had $3,000,000 in assets on January 1 and $3,250,000 in assets on December 31.

Required:

a.	Calculate Gooding's margin.

b.	Calculate Gooding's asset turnover.

c.	Calculate Gooding's return on investment.

Title: Gooding Custom Design generated $320,000 in operating income on sales revenue of $2,500,000. The ...
Post by: stephvelez1318 on Jan 29, 2023

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