Kleeman Company Has a Sales Margin of 16%, Operating Income

question 2

Multiple Choice

Kleeman Company has a sales margin of 16%, operating income of $336,000, and capital turnover of 3.0. The sales in dollars for Kleeman Company would be closest to

• A)$ 3,760.
• B)$ 12,000.
• C)$1,008,000.
• D)$2,100,000.

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Definitions:

Gluteus Maximus

The largest and most superficial of the three gluteal muscles, responsible for the shape of the buttocks and movement of the hip and thigh.

Biceps Femoris

A muscle of the thigh that is part of the hamstrings, involved in knee flexion and thigh extension.

Quadriceps Group

A muscle group located in the front of the thigh, consisting of four muscles that extend the knee and provide leg extension.

Biceps Femoris

A muscle of the thigh located at the back of the leg, part of the hamstring group, involved in knee flexion and hip extension.