Fern Company Has a Target Rate of Return of 14%,an

question 156

Multiple Choice

Fern Company has a target rate of return of 14%,an ROI of 38%,and capital turnover of 2.5.The sales margin for Fern Company may be closest to

• A)6%.
• B)15%.
• C)95%.
• D)35%.

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Definitions:

Adolescence

The transitional stage of physical and psychological development that generally occurs during the period from puberty to legal adulthood.

Childhood

The period of life from birth to adolescence, characterized by growth, development, and learning.

Adulthood

The period in the human lifespan when an individual is considered to be fully developed and mature, both physically and mentally.

Narcissism

A personality trait characterized by an inflated sense of self-importance, need for admiration, and lack of empathy for others.