Pigeon Forges' Stakeholders Require a 7% Rate of Return

question 53

Multiple Choice

Pigeon Forges' stakeholders require a 7% rate of return. The company currently has an ROI of 59.4% and a capital turnover of 3.6 What is Pigeon's sales margin?

• A)213.8%
• B)1)9%
• C)16.5%
• D)25.2%

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Definitions:

Ethical Leadership

A leadership style characterized by guiding followers in a manner that is moral and values-driven.

Congruent Interests

A scenario in which the objectives or goals of two or more parties align, facilitating cooperation and mutual benefits.

Moral Identity

The degree to which being a moral person is central to an individual's identity, influencing their actions and decisions.

Formalism

A specific method, convention, or approach characterized by its emphasis on form and structure in the arrangement of elements.