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Kleener Company Has a Sales Margin of 15%,a Target Rate

Question 116

Multiple Choice

Kleener Company has a sales margin of 15%,a target rate of return of 12%,and capital turnover of 2.0.The sales in dollars for Kleener Company would be closest to:


A) $ 27,000.
B) $ 90,000.
C) $ 360,000.
D) $1,200,000.

Correct Answer:

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