
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN: 9781305970663
Author: Don R. Hansen, Maryanne M. Mowen
Publisher: Cengage Learning
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The protland division's operating data solve this question accounting

Transcribed Image Text:The Portland Division's operating data for the year 2015
is as follows:
Return on investment - 12%
Minimum required rate of return -10%
Average net operating assets - $500,000
Sales $1,600,000
-
Compute the margin of 2015.
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