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Devon Inc. has a profit margin of 9.6% and an investment turnover of 4.0. Sales revenue is $870,000. What is the operating income? Multiple Choice

Devon Inc. has a profit margin of 9.6% and an investment turnover of 4.0. Sales revenue is $870,000. What is the operating income? Multiple Choice $83,520 $334,080 $217,500 $20,880

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