What would be the company''s margin, turnover, Accounting Basics

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What would be the company''s margin, turnover

Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below:

Sales $ 8,000,000
Net operating income $ 800,000
Average operating assets $ 3,200,000

Consider each question below independently.

The entrepreneur who founded the company is convinced that sales will increase next year by 150% and that net operating income will increase by 400%, with no increase in average operating assets. What would be the company's margin, turnover and ROI?

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Accounting Basics: What would be the company''s margin, turnover

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Accounting Basics: What would be the company''s margin, turnover

Reference No:- TGS040335

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Determine the annual depreciation allowance for first year

Q : What is the amount of the gain or loss on the sale

Q : Amount of cost of goods sold appearing on income statement

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What would be the company''s margin, turnover

Reference No:- TGS040335

Recent Questions Asked Accounting Basics

Q : Determine the annual depreciation allowance for first year

Q : What is the amount of the gain or loss on the sale

Q : Amount of cost of goods sold appearing on income statement

Q : Find developers-s adjusted tax basis in property

Q : What would be the company''s margin, turnover

Q : Npv of undertaking expansion project

Q : Amount to claim a higher deduction for losses

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