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Pigeon Forges' Stakeholders Require a 10% Rate of Return

Question 212

Multiple Choice

Pigeon Forges' stakeholders require a 10% rate of return.The company currently has an ROI of 37% and a capital turnover of 2.0.What is Pigeon's sales margin?


A) 74.3%
B) 5.0%
C) 18.5%
D) 20.0%

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