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    Managerial Accounting Study Set 4
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    Exam 11: Performance Evaluation and the Balanced Scorecard
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    Rose Company Has a Target Rate of Return of 10%,an
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Rose Company Has a Target Rate of Return of 10%,an

Question 71

Question 71

Multiple Choice

Rose Company has a target rate of return of 10%,an ROI of 36%,and capital turnover of 3.0.The sales margin for Rose Company would be closest to:


A) 3%.
B) 12%.
C) 30%.
D) 108%.

Correct Answer:

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