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Palm Inc. has a profit margin of 21% and an investment turnover of 3. Sales revenue is $804,000. What is the operating income? $268,000 $168,840

Palm Inc. has a profit margin of 21% and an investment turnover of 3. Sales revenue is $804,000. What is the operating income?

$268,000

$168,840

$506,520

$56,280

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