Dagny Enterprises has a target rate of return of 10%, an ROI of 48%, and capital turnover of 3.0. The sales margin for Dagny Enterprises may be closest to

A) 144%.
B) 16%.
C) 3%.
D) 30%.

B
Explanation: B)
Return on investment 48%
Divide by Divide by
Capital turnover 3
Sales margin 16%

Business

You might also like to view...

Which of the following is the focus of the final step in a typical brand tracking model?

A) brand personality B) brand attributes C) brand recognition D) media recognition E) media footprint

Business

Each functional area is, in some way, involved in the generation or consumption of cash

Indicate whether the statement is true or false

Business