Calculating average operating assets, margin, turnover, and return on investment barnard manufacturing earned operating income last year as shown in the following income statement: sales $4,000,000 cost of goods sold 2,100,000 gross margin $1,900,000 selling and administrative expense 1,100,000 operating income $ 800,000 less: income taxes (@ 40%) 320,000 net income $480,000 at the beginning of the year, the value of operating assets was $2,700,000. at the end of the year, the value of operating assets was $2,300,000. required: for barnard manufacturing, calculate: 1. average operating assets $ 2. margin % 3. turnover 4. return on investment
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Business, 22.06.2019 08:30, bartonamber4042
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Business, 22.06.2019 10:00, Randomkid0973
University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.
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Business, 22.06.2019 11:40, berlyntyler
Select the correct answer brian wants to add a chart to his dtp project. what is the best way he can do this? a draw the chart using the dtp program draw option b create the chart in a spreadsheet then import it c. use the dtp chart wizard to create the chart within the dtp d. create an image of the chart in an image editor then import the image e use html code to create a chart within the dtp program
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Calculating average operating assets, margin, turnover, and return on investment barnard manufacturi...
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