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Alliance Division has the following information for year ended December 31, 2009.

Assest $12,800,000

Revenues $8,750,000

Expenses $5,975,000

Required:

(A) Calculate return on investment

(B) Calculate profit margin

(C) Calculate assets turnover

(D) Use the answers from part (b) and (c) to prove the answer in part (a)

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9951277

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