Last year Green Co. had sales of $800,000, a turnover of 3.5, and a return on investment of 14 %. Green Co.'s net operating income for the year was?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 6EB: During the current year, Plainfield Manufacturing earned income of $845,000 from total sales of...
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Last year Green Co. had sales of $800,000, a turnover of 3.5, and a return on investment of 14 %. Green Co.'s net
operating income for the year was?
Transcribed Image Text:Last year Green Co. had sales of $800,000, a turnover of 3.5, and a return on investment of 14 %. Green Co.'s net operating income for the year was?
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