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    Managerial Accounting
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    Exam 11: Segment Reporting, Transfer Pricing, and Balanced Scorecard
  5. Question
    If a Company Has Sales of $1,000,000, Net Income of $170,000
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If a Company Has Sales of $1,000,000, Net Income of $170,000

Question 46

Question 46

Essay

If a company has sales of $1,000,000, net income of $170,000, and an asset base of $1,000,000, what is its return on investment?

Correct Answer:

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(Income / Sales) x (Sales / As...

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