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    Palm IncHas a Profit Margin of 15% and an Investment Turnover
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Palm IncHas a Profit Margin of 15% and an Investment Turnover

Question 94

Question 94

Multiple Choice

Palm Inc.has a profit margin of 15% and an investment turnover of 2.Sales revenue is $800,000.What is the amount of average invested assets?


A) $240,000
B) $400,000
C) $120,000
D) $60,000

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