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125.Van Bosch Inc. is considering selling to a group of new customers that will bring in sales of $20,000 with a return on sales of

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125.Van Bosch Inc. is considering selling to a group of new customers that will bring in sales of $20,000 with a return on sales of 7%. The only new investment will be in accounts receivable. Waldron has a turnover ratio of 4 to 1 between sales and accounts receivable. What is the return on investment? A. 28% B. 7% C. 1.75% D. cannot calculate with the information provided

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