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Home Q & A Board Other Fields Homework Help Business Accounting
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kristen299 kristen299
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1 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 ROI?

▸ 10%

▸ 30%

▸ 15%

▸ 12%
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Managerial Accounting

Managerial Accounting


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LaceyCGibsonLaceyCGibson
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30%

Segment Margin × Asset Turnover = 12% × [$2,500,000 ÷ (($800,000 + $1,200,000) ÷ 2)] = 30%
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kristen299 Author
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1 months ago
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djeghri
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Thank you, thank you, thank you!
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Good timing, thanks!
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