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Moving to another question will save this response Quest Question 33 2.1 point Pigeon Forges' stakeholders require a 10% target rate of return. The company

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Moving to another question will save this response Quest Question 33 2.1 point Pigeon Forges' stakeholders require a 10% target rate of return. The company currently has an ROI of 37% and a capital turnover of 20. What is Pigeon's sales margin? 18.5 5.0 20.0% 743 Moving to another question will save this response. KU Question 34 The Hanna Company uses straight-line depreciation and is considering a capital expenditure for which the following relevant cash flow data have been estimated: 2.1 po Estimated useful life Initial Investment Cash savings Year 1 Cash savings Year 2 Cash savings Year 3 Residual value after 3 years 3 years $450,000 $210,000 $150,000 $225,000 $0 The accounting rate of return is closest to 20% 39 30 17%

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