Consider the following Income Statement. Assets were $500,000. What is the ROA? Sales Variable expenses...
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Consider the following Income Statement. Assets were $500,000. What is the ROA? Sales Variable expenses 6,000,000 40% Contribution margin Fixed expenses:Traceable and controllable Segment performance margin 3,400,000 Fixed expenses:Traceable NOT 11% controllable Segment margin Fixed expenses: Common 3% Net income 16 None of the other answers are correct 20 4 3.2
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