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Peartree family restaurant is divided into segments based on location. Its Orchard Street location in the eastern segment has sales of $730,000, net operating income of $62,000, and average operating assets of $870,000.
Required:
A. What is Peartree's margin and turnover? Round margin to the nearest whole percent and turnover to two decimal places. Do not include a percent sign as part of your answer.
B. What is the ROI for Peartree? Do not round your intermediate calculations. Round your answer to one decimal place.
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The stockholder's equity accounts of Lawrence Company have the folowing balance on December 31, 2010. Common stock, $10 par, 274,000 shares issued and outstanding $2,740,000, Paid-in capital in excess of par $1,200,000, Retained Earnings $5,600,00..
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