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Question 19 (4 points) Listen Wallace Corporation had $370,000 in invested assets, sales of $930,000, operating income amounting to $102,000, and a desired minimum return
Question 19 (4 points) Listen Wallace Corporation had $370,000 in invested assets, sales of $930,000, operating income amounting to $102,000, and a desired minimum return on investment of 15%. The investment turnover for Wallace Corporation is 3.92 4.56 1.63 Question 21 (4 points) Listen Clayton Company has sales of $4,300,000, invested assets of $1,500,000, and operating expenses of 53,700,000. The company has established a minimum return on investment of 7%. Clayton Company's return on investment is 40% 30% Question 23 (4 points) 13 Listen The profit margin for Division C is 8%, and the investment turnover is 13. The return on investment for Division B is 06.7% O 11.9% 7.3% 10.494
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