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1.XYZ Company has $72,000 of operating income, a profit margin (i.e. sales margin) of 15%, a target rate of return of 10%, and asset turnover

1.XYZ Company has $72,000 of operating income, a profit margin (i.e. sales margin) of

15%, a target rate of return of 10%, and asset turnover (i.e. capital turnover) of 3 times.

The sales in dollars for XYZ Company would be closest to which of the following?

[ROUND ANSWER TO THE NEAREST DOLLAR]

2. Your Corporation has an ROI of 25%, total assets of $5,250,000, and current liabilities of

$950,000. What is Your Corporation's operating income?

3. Your other Corporation has fixed costs of $173353, operating income of $72,000, a profit

margin of 12%, and asset turnover of 3.0. The return on investment (ROI) for Your other

Corporation would be what?

[SHOW PERCENTAGE AS AN INTEGER. E.G. 18 for 18% (not 0.18)]

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