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Falcone Company Has a Sales Margin of 12%,a Target Rate

Question 90

Multiple Choice

Falcone Company has a sales margin of 12%,a target rate of return of 10%,and capital turnover of 3.0.The sales in dollars for Falcone Company would be closest to:


A) $ 8,640.
B) $ 24,000.
C) $216,000.
D) $600,000.

Correct Answer:

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