Eagle Company Has a Sales Margin of 15%, a Target

question 146

Multiple Choice

Eagle Company has a sales margin of 15%, a target rate of return of 14%, and capital turnover of 2.5. Its operating income is $87,000. The sales in dollars for Eagle Company would be closest to

• A)$580,000.
• B)$34,800.
• C)$13,050.
• D)$217,500.

---

Definitions:

Long-range Rewards

Benefits or outcomes that are not immediate but are achieved over a longer period.

10-year Rule

A principle suggesting that it takes approximately 10 years of intensive practice or study to achieve mastery in a field or discipline.

Expert Performance

A high level of skill or knowledge in a particular area that significantly surpasses that of the average person.

Longitudinal Survey

A research design that involves repeated observations of the same variables (such as people) over short or long periods of time to detect changes and developments.