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5 Devon Inc. has a profit margin of 8.6% and an investment turnover of 4.0. Sales revenue is $720,000. What is the operating income?

5 Devon Inc. has a profit margin of 8.6% and an investment turnover of 4.0. Sales revenue is $720,000. What is the operating income? Multiple Choice $247,680 $15,480 $61,920 $180,000

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