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question 116

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Answer the following questions using the information below:
The top management at Groundscare Company,a manufacturer of lawn and garden equipment,is attempting to recover from a fire that destroyed some of their accounting records.The main computer system was also severely damaged.The following information was salvaged:
 Tractor Division  Tiller Division  Digger Division  Sales $5000000(a) $1200000 Net operating profit $500000$720000$300000 Operating assets (b) (c) $1000000 Return on investment 0.200.10( d)  Return on sales (e) 0.120.25 Investment turnover (f) (g) 1.2\begin{array} { l r r r } & \text { Tractor Division } & \text { Tiller Division } & \text { Digger Division } \\\text { Sales } & \$ 5000000 & ( \mathrm { a } ) & \$ 1200000 \\\text { Net operating profit } & \$ 500000 & \$ 720000 & \$ 300000 \\\text { Operating assets } & ( \mathrm { b } ) & ( \mathrm { c } ) & \$ 1000000 \\\text { Return on investment } & 0.20 & 0.10 & ( \mathrm {~d} ) \\\text { Return on sales } & ( \mathrm { e } ) & 0.12 & 0.25 \\\text { Investment turnover } & ( \mathrm { f } ) & ( \mathrm { g } ) & 1.2\end{array}
-What is the value of the operating assets belonging to the Tractor Division?


Definitions:

Circumstantial Factor

An element or condition that affects a situation but is not a direct cause; often considered in evaluations or analysis of outcomes.

Medians

The middle value of a data set when it is ordered from least to greatest, or the line in geometry that divides a figure into two equal parts.

Frequencies

The rate at which a vibration occurs that constitutes a wave, either in material (as in sound waves) or in an electromagnetic field (as in radio waves and light).

Averages

Statistical measures that summarize or give an indication of the central tendency or typical value of a set of numbers.

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