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The Perez Company had a 11.2% return on a $112,000 investment in new equipment. The investment resulted in increased sales, and the resultant increase

The Perez Company had a 11.2% return on a $112,000 investment in new equipment. The investment resulted in increased sales, and the resultant increase in income amounted to 4% of sales. The turnover (asset utilization) was: Multiple Choice 0 15.2. 2.8. 7.2

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