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During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and...

During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000,000. What is the sales margin?
Chapter 12 Exercise A6
During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000,000.
A. Based on this information, calculate asset turnover.
B. Using the sales margin from Exercise A5, what is the total ROI for the company during the current year?
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Answer #1

takel Income corned = $350 000 Total Scules four year = $ 5500 000 Capital assets = $ 12000 000 Sales margin = Profit/ total

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