During the current year, Sokowski Manufacturing earned income of $360,000 from total sales of $6,000,000 and average capital assets of $11,800,000. What is the sales margin? If required, round your answer to one decimal place.
During the current year, Sokowski Manufacturing earned income of $360,000 from total sales of $6,000,000 and average capital assets of $11,800,000. What is the sales margin? If required, round your answer to one decimal place.
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 5EA: During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of...
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During the current year, Sokowski Manufacturing earned income of $360,000 from total sales of $6,000,000 and average capital assets of $11,800,000. What is the sales margin? If required, round your answer to one decimal place.
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