Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. aide industries is a division of a major corporati

Aide Industries is a division of a major corporation. Data concerning the most recent year...

80.2K

Verified Solution

Question

Accounting

Aide Industries is a division of a major corporation. Data concerning the most recent year appears below:

Sales $17,600,000
Net operating income $886,000
Average operating assets $4,200,000

The division's margin is closest to:

  • 23.9%

  • 21.1%

  • 28.9%

  • 5.0%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

a. Tom designed a complete factorial experiment with 2 factors. One factor had 4 levels, the...

Statistics
Q

Joe Vandal LLC. last year’s sales were $10million. The company spends $3.5 million for purchase of...

Accounting
Q

The purpose of TE RNase A Buffer is to O a Cut up RNA so...

Biology
Q

he population of a southern city is growing according to the exponential law Complete parts...

Basic Math
Q

13. Graph the rational function y=x/2x+2.Which quadrant does neither branch of the rational function pass...

Basic Math
Q

The graph shows the velocity, in feet per sec, of an object moving horizontally. A...

Basic Math
Q

Assume that a country s economy is currently in recession a Draw a correctly labeled...

Statistics
Q

The portfolio of trading securities had a cost of $200,032 and a fair value of...

Accounting
Q

Benoit Company produces three productsA, B, and C. Data concerning the three products follow (per...

Accounting
Q

solve given the photo

Accounting
Q

Pargo Company is preparing its budgeted income statement for 2020 . Relevant data pertaining to...

Accounting
Q

please assist ...

Accounting