FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Alexander Inc. makes basketballs. The results for the year were as follows:
Basketballs |
|
Sales |
$450,000 |
Income |
$72,000 |
Asset base |
$300,000 |
Weighted average cost of capital |
15% |
Required:
Compute the following amounts for the company:
SHOW ALL CALCULATIONS. ROUND EACH NUMBER TO TWO (2) DECIMAL PLACES.
D. | Turnover. |
E. | Margin. |
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