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Yesteryear Company has a sales margin of 14%, a target rate of return of 2.9%, and capital turnover of 2.9. Its operating income is $65,800.
Yesteryear Company has a sales margin of
14%, a target rate of return of
2.9%, and capital turnover of
2.9. Its operating income is
$65,800. The sales in dollars for Yesteryear Company may be closest to
A.
$22,690.
B.
$470,000.
C.
$9,212.
D.
$190,820.
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