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Anon25 [30]
1 year ago
13

Sales $ 22,235,000 Variable expenses 13,981,800 Contribution margin 8,253,200 Fixed expenses 6,100,000 Net operating income $ 2,

153,200 Divisional average operating assets $ 4,625,000
Business
1 answer:
Studentka2010 [4]1 year ago
4 0

average operating assets $ 4,625,000

<h3>What is operating assets?</h3>

Net operating assets are defined as a company's operating assets less its operating liabilities. NOA is calculated by reorganising the balance sheet so that operating and financing activities are separated.

Operating assets are assets acquired for use in the ongoing operations of a business; these are assets required to generate revenue. Cash, prepaid expenses, accounts receivable, inventory, and fixed assets are examples of operating assets.

Operating assets are any assets that are directly involved in an entity's typical day-to-day operations. These are referred to as operating assets because they are part of the entity's regular operating cycle. Non-operating assets, on the other hand, are a company's extra assets.

To know more about  operating assets follow the link:

brainly.com/question/25895372

#SPJ4

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Explanation:

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3 0
2 years ago
An audit plan of substantive procedures for cash would not includeA. request a cutoff bank statement be mailed to the client. B.
faltersainse [42]

Answer:

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