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1 The Smart Tool Company has capital invested 3,000,000 SAR in a plant to build small tool sheds. The target operating return on investment is

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1 The Smart Tool Company has capital invested 3,000,000 SAR in a plant to build small tool sheds. The target operating return on investment is 15%. The company plans annual sales of 1,500 sheds at a selling price of 1,000 SAR each. What is the target operating income for The Smart Tool Company? 1,050,000 SAR 450,000 SAR 1,500,000 SAR 1,275,000 SARO

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