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14-03Pr_5e - Income from operations 2 Rate of return on =...

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Problem 14-3 Name: Section: Score: 0% Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) will appear in the row immediately to the right of an incorrect answer. 1. SUNSHINE BAKING COMPANY Divisional Income Statements For the Year Ended June 30, 2010 Sales Cost of goods sold Gross Profit Operating expenses
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Unformatted text preview: Income from operations 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. Instructions Bread Division Snack Cake Division Bakeries Division...
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