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Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger
Edition 4ISBN: 978-0324380767Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger
Edition 4ISBN: 978-0324380767 Exercise 47
If sales and average operating assets for Year 2 are identical to their values in Year 1, yet operating income is higher, Year 2 turnover (compared with Year 1 turnover) will
A) decrease.
B) increase.
C) stay the same.
D) The direction of change in turnover cannot be determined by this information.
A) decrease.
B) increase.
C) stay the same.
D) The direction of change in turnover cannot be determined by this information.
Explanation
Verified
Verified
The answer is 'c' i: e stays the same
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Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger
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