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Home Q & A Board Other Fields Homework Help Business Accounting
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jscubs1 jscubs1
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A year ago
Blanco Corporation's Cajun Spice division has a segment margin is $432,500 for the current reporting period. The division has an asset turnover of 1.6. Segment margin as a percentage of sales is 10%. What is the division's ROI?

▸ 6%

▸ 16%

▸ 10%

▸ The answer cannot be determined from the information given.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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otis24otis24
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A year ago
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jscubs1 Author
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A year ago
You make an excellent tutor!
Natalie Price
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Yesterday
this is exactly what I needed
rene_ram97
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2 hours ago
Smart ... Thanks!
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