Brit Industries has two divisions, Division A and Division B. In 20Y8, Division B reports operating income of $470,000, a turnover of 3.0 and a return on investment of 12.0%. In 20Y9, Division B reports a return on investment of 36.0% and its margin is 125% of its margin in 20Y8. What is Division B's turnover in 20Y9? Round to two decimal points. 3.25 05.50

Brit Industries has two divisions, Division A and Division B. In 20Y8, Division B reports operating income of $470,000, a turnover of 3.0 and a return on investment of 12.0%. In 20Y9, Division B reports a return on investment of 36.0% and its margin is 125% of its margin in 20Y8. What is Division B's turnover in 20Y9? Round to two decimal points. 3.25 05.50

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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