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Devon Incorporated has a profit margin of 10.4% and an investment turnover of 3.0. Sales revenue is $990,000. What is the net operating income? $102,960$330,000$308,880$34,320

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Devon Incorporated has a profit margin of 10.4% and an investment turnover of 3.0. Sales revenue is $990,000. What is the net operating income? $102,960$330,000$308,880$34,320

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