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    Exam 10: Performance Evaluation
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    Fern Company Has a Target Rate of Return of 14%,an
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Fern Company Has a Target Rate of Return of 14%,an

Question 156

Question 156

Multiple Choice

Fern Company has a target rate of return of 14%,an ROI of 38%,and capital turnover of 2.5.The sales margin for Fern Company may be closest to


A) 6%.
B) 15%.
C) 95%.
D) 35%.

Correct Answer:

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