Kleener Company Has a Profit Margin of 15%, a Target

question 122

Multiple Choice

Kleener Company has a profit margin of 15%, a target rate of return of 12%, and asset 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:

H+ Ions

Hydrogen ions, which are a central component in the chemistry of acids and bases and play an important role in the pH balance of biological systems.

OH- Ions

OH- ions, also known as hydroxide ions, consist of one oxygen and one hydrogen atom carrying a negative electric charge, commonly found in alkaline solutions.

Fatty Acids And Glycerol

Building blocks of fats in organisms; fatty acids are long hydrocarbon chains, while glycerol is a three-carbon molecule that binds fatty acids to form triglycerides.

Amino Acids

Organic compounds that serve as the building blocks of proteins, necessary for various bodily functions.