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linyuki linyuki
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4 months ago
Breton Corporation's Longboat division's segment margin as a percentage of net sales is 12% for the current reporting period. The division has net sales revenue of $2,500,000. Operating assets were $800,000 at the beginning of the period and $1,200,000 at the end. What is the division's asset turnover?

▸ 2.08

▸ 3.13

▸ 2.8

▸ 2.5
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Managerial Accounting

Managerial Accounting


Edition: 4th
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thevoicexxxthevoicexxx
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4 months ago
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More solutions for this book are available here
2.5

$2,500,000 ÷ [($800,000 + $1,200,000) ÷ 2] = 2.5
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linyuki Author
wrote...

4 months ago
Good timing, thanks!
Jadakiss
wrote...

Yesterday
Thanks
Lourd Jenkins
wrote...

2 hours ago
Smart ... Thanks!
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