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bernie2981 bernie2981
wrote...
Posts: 3810
8 years ago
Golden Corporation has operating income of $336,000, a sales margin of 16%, and capital turnover of 3.0. The return on investment (ROI) for Golden Corporation may be closest to
A) 2%.
B) 5%.
C) 160%.
D) 48%.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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nucleinuclei
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8 years ago
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bernie2981 Author
wrote...
8 years ago
Answers my question perfectly.
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