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May 25, 2015

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?

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