Pigeon Forges' Stakeholders Require a 10% Rate of Return

question 212

Multiple Choice

Pigeon Forges' stakeholders require a 10% rate of return.The company currently has an ROI of 37% and a capital turnover of 2.0.What is Pigeon's sales margin?

• A)74.3%
• B)5.0%
• C)18.5%
• D)20.0%

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Definitions:

Normative-sequential

A developmental concept indicating that certain behaviors and milestones tend to occur in a specific, predictable order as individuals age.

Social Clock

The culturally preferred timing of major life events, such as marriage, parenthood, and retirement.

Past Generations

Referring to the people who lived before the current generation, often used in discussions about family heritage, history, or genetics.

Social Clock

The societal expectations that dictate the appropriate timing for major life events, such as marriage, parenthood, and retirement.