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Alpha Manufacturing has a target rate of return of 15%, an ROI of 45%, and capital turnover of 2.5. What would Alpha Manufacturing's sales margin be closest to? a. 8% b. 18% c. 25% d. 112.5%

Alpha Manufacturing has a target rate of return of 15%, an ROI of 45%, and capital turnover of 2.5. What would Alpha Manufacturing's sales margin be closest to? a. 8% b. 18% c. 25% d. 112.5%

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter10: Evaluating Decentralized Operations
Section: Chapter Questions
Problem 4BE: Profit margin, investment turnover, and ROI Briggs Company has operating income of 36,000, invested...
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Alpha Manufacturing has a target rate of return of 15%, an ROI of 45%, and capital turnover of 2.5. What would Alpha Manufacturing's sales margin be closest to? a. 8% b. 18% c. 25% d. 112.5%
Transcribed Image Text:Alpha Manufacturing has a target rate of return of 15%, an ROI of 45%, and capital turnover of 2.5. What would Alpha Manufacturing's sales margin be closest to? a. 8% b. 18% c. 25% d. 112.5%
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