Solved: Pelak company had sales of 4945000 expenses of 4607000, Accounting Basics

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Pelak company had sales of 4945000 expenses of 4607000

Question - Pelak Company had sales of $4,945,000, expenses of $4,607,000, and average operating assets of $3,000,000.

Required:

1. Compute the operating income.

2. Compute the margin (as a percent) and turnover ratio. If required, round your answers to one decimal place.

3. Compute the ROI as a percent. Use the part 2 final answers in these calculations and round the final answer to two decimal places.

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Accounting Basics: Pelak company had sales of 4945000 expenses of 4607000

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Accounting Basics: Pelak company had sales of 4945000 expenses of 4607000

Reference No:- TGS02756180

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