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Yesteryear Company has a sales margin of 20%, a target rate of return of 1.4%, and capital turnover of 1.4. Its operating income is $92,000.
Yesteryear Company has a sales margin of 20%, a target rate of return of 1.4%, and capital turnover of 1.4. Its operating income is $92,000. The sales in dollars for Yesteryear Company may be closest to a. $460000 b. $65,714 c. $18,400 d. $128,800
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