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    Financial and Managerial Accounting Study Set 11
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    Exam 24: Evaluating Decentralized Operations
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    If Operating Income for a Division Is $5,000, Invested Assets
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If Operating Income for a Division Is $5,000, Invested Assets

Question 42

Question 42

True/False

If operating income for a division is $5,000, invested assets are $25,000, and sales are $30,000, the profit margin is 20%.

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