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Author Question: The top management at Amore Corp, a manufacturer of computer games, is attempting to recover from a ... (Read 71 times)

KimWrice

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on: Mar 6, 2021
The top management at Amore Corp, a manufacturer of computer games, is attempting to recover from a flood that destroyed some of their accounting records. The main computer system was also severely damaged. The following information was salvaged:

Alpha DivisionBeta DivisionGamma Division
Sales$7,000,000(a)$2,500,000
Net operating income$5,500,000$1,100,000$ 1,200,000
Operating assets(b)(c)$1,600,000
Return on investment0.26.15(d)
Return on sales(e).10.5
Investment turnover(f)(g)1.5

What is the value of the operating assets belonging to the Alpha Division (b)?
◦ $12,500,000
◦ $21,153,846
◦ $26,923,077
◦ $1,820,000
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by KimWrice on Mar 6, 2021

Danny Ewald

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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KimWrice

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it

bassamabas

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Reply 3 on: Yesterday
Excellent

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