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The Reed Division reports the following operating data for the past two years: T Year 2 T Year 1 16% 2.5 ? $42.400 $84,800 Ma

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Answer #1

Margin=Net operating income/Sales

Sales=(42400/0.16)=$265,000

Turnover=Sales/Average operating assets

Average operating assets=(265,000/2.5)

=$106,000

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