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The Florida Division of Garner Furniture reported the following results for 2020: Invested capital $800,000 Profit margin 5% Return on investment 8% Given this information,

The Florida Division of Garner Furniture reported the following results for 2020:

Invested capital $800,000

Profit margin 5%

Return on investment 8%

Given this information, how much was sales?

a) $64,000

b) $1,600,000

c) $500,000

d) $1,280,000

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