Multiple Choice
Pigeon Forges' stakeholders require a 7% rate of return. The company currently has an ROI of 59.4% and a capital turnover of 3.6 What is Pigeon's sales margin?
A) 213.8%
B) 1) 9%
C) 16.5%
D) 25.2%
Correct Answer:
Verified
Correct Answer:
Verified
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