Monday
October 20, 2014

Homework Help: Managerial Accounting

Posted by Marc on Saturday, January 30, 2010 at 11:37pm.

The company reported a 6% operating margin on sales, a 12% pretax operating return on total assets, and $500 million of average total assets. I have calculated the operating income to $60,000,000. How do I calculate the total sales and total asset turn over?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

accounting - You are a hard-working analyst in the office of financial ...
accounting - Dsoft manufactures PC’s. The company’s Notebook Division reports ...
Finance - Item Total assets $10,000,000 Total equity (all common) 9,000,000 ...
Finance - Item Total assets $10,000,000 Total equity (all common) 9,000,000 ...
Businrss Finance - Return on operating assets = 25% Operating asset turnover = 5...
finance - Return on operating assets = 25% Operating asset turnover = 5 times ...
Finance - You are a hard-working analyst in the office of financial operations ...
Accounting - The Clydesdale Company has sales of $4,500,000. It also has ...
accounting - The Anderson Company has sales of $4,500,000. It also has invested ...
Finance - A company has total assets of $8,500,000 and its total turnover of 2....

Search
Members