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Home Q & A Board Other Fields Homework Help Business Accounting
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frustelle frustelle
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A year ago
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.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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stephvelez1318stephvelez1318
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A year ago
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frustelle Author
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