Multiple Choice
Yellow Hat Company has a sales margin of 10%, a target rate of return of 2.6%, and capital turnover of 2.6. Its operating income is $58,000. The sales in dollars for Yellow Hat Company may be closest to
A) $580,000.
B) $22,308.
C) $5800.
D) $150,800.
Correct Answer:
Verified
Correct Answer:
Verified
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