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Camden Corporation Has Operating Income of $87,000,a Sales Margin of 15%,and

Question 163

Multiple Choice

Camden Corporation has operating income of $87,000,a sales margin of 15%,and capital turnover of 2.5.The return on investment (ROI) for Camden Corporation may be closest to


A) 6%.
B) 38%.
C) 107%.
D) 2%.

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