Kleener Company Has a Sales Margin of 15%,a Target Rate

question 116

Multiple Choice

Kleener Company has a sales margin of 15%,a target rate of return of 12%,and capital turnover of 2.0.The sales in dollars for Kleener Company would be closest to:

• A)$ 27,000.
• B)$ 90,000.
• C)$ 360,000.
• D)$1,200,000.

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Definitions:

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A South Asian country characterized by its diverse cultures, languages, religions, and historical richness, being the second-most populous country worldwide.

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The way in which a group's culture—including skills, knowledge, norms, values—is passed down from one generation to the next.

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