“Sales $750,000 Gross Margin 65,000 Net Operating Income 45,000 Stockholders’ Equity 75,000 Average Operating Assets 250,000 Residual Income 15,000 102. The margin for the past year was: a. 6.00% b. 8.67% c. 10.00% d. 8.00%”,”1The margin for the past year:The Margin = Net Operating Income / Sales45,000 / 750

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“Sales $750,000 Gross Margin 65,000 Net Operating Income 45,000 Stockholders’ Equity 75,000 Average Operating Assets 250,000 Residual Income 15,000 102. The margin for the past year was: a. 6.00% b. 8.67% c. 10.00% d. 8.00%”,”1The margin for the past year:The Margin = Net Operating Income / Sales45,000 / 750

000 = 6%”