Dagny Enterprises Has a Target Rate of Return of 10%,an

question 73

Multiple Choice

Dagny Enterprises has a target rate of return of 10%,an ROI of 48%,and capital turnover of 3.0.The sales margin for Dagny Enterprises may be closest to

• A)144%.
• B)16%.
• C)3%.
• D)30%.

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Definitions:

Fraud

An intentional deception that causes harm to another.

Material Omission

The failure to disclose important information intentionally or unintentionally, which if known, could influence the decision-making of a party relying on the information.

Securities Transaction

The process of buying, selling, or trading securities, such as stocks or bonds, in financial markets.

Registration Statement

A set of documents, including a prospectus, filed with the Securities and Exchange Commission for a company intending to issue new securities to the public.