During the current year, Sokowski Manufacturing earned income of $327,600 from total sales of $5,200,000 and average capital assets of $12,200,000. What is the sales margin? If required, round your answer to one decimal place.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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During the current year, Sokowski Manufacturing earned income of $327,600 from total sales of $5,200,000 and average capital assets of $12,200,000. What is the sales margin? If
required, round your answer to one decimal place.
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Transcribed Image Text:CengageNOWv2 | Online teachir + /takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Cancel Your.. Startup Opportuniti. V How brands are co... A Assignment Practic. A COVID-19 Student. * C20-128PRO1-2016. A Final Exam Review -. G Professional Certific. During the current year, Sokowski Manufacturing earned income of $327,600 from total sales of $5,200,000 and average capital assets of $12,200,000. What is the sales margin? If required, round your answer to one decimal place. Previous Next
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