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Author Question: Bethlehem Corporation had $1,000,000 in sales which resulted in operating income of $62,000. On ... (Read 65 times)

allywil32

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Bethlehem Corporation had $1,000,000 in sales which resulted in operating income of $62,000. On January 1, Bethlehem reported $920,000 in assets. Because of a downturn in the economy, Bethlehem sold several assets during the year. Its December 31 balance sheet reported only $580,000 in assets.

Required:

a.Calculate Bethlehem's margin.
b.Calculate Bethlehem's asset turnover.
c.Calculate Bethlehem's return on investment.


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Marked as best answer by allywil32 on Feb 5, 2023

as4309

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allywil32

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review


scikid

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Reply 3 on: Yesterday
Excellent

 

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