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Dublin Corporation has operating income of $15,000 on $200,000 of sales. Dublin's average operating ...
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Dublin Corporation has operating income of $15,000 on $200,000 of sales. Dublin's average operating ...
Dublin Corporation has operating income of $15,000 on $200,000 of sales. Dublin's average operating assets total $100,000. The corporation has a minimum required return of 18%.
Required:
Calculate Dublin's return on investment using the DuPont method.
Textbook
Managerial Accounting
Edition:
4
th
Author:
Davis
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= 7.5% × 2 = 15%
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