24-3B_22e - 2. Rate of return on = Profit margin x...

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Problem 24-3B Name: Section: Enter the appropriate amount in the shaded cells below. A red asterisk (*) will appear to the right of an incorrect amount in the outlined cells. 1. FRESH TRACKS BAKING COMPANY Divisional Income Statements For the Year Ended June 30, 2008 Sales Cost of goods sold Gross Profit Operating expenses Income from operations
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Unformatted text preview: 2. Rate of return on = Profit margin x Investment turnover investment (ROI) Rate of return on = Income from operations x Sales investment (ROI) Sales Invested Assets Bread Division: ROI = x = Snack Cake Division: ROI = x = Retail Bakeries Division: ROI = x = 3. Bread Division Snack Cake Division Retail Bakeries Division...
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This note was uploaded on 03/12/2011 for the course ACCT 2011 taught by Professor Field during the Fall '09 term at University of Minnesota Morris.

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24-3B_22e - 2. Rate of return on = Profit margin x...

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