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 would be closest to
A)144%.
B)16%.
C)3%.
D)30%.

Question

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The Answer of 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 would be closest to
A)144%.
B)16%.
C)3%.
D)30%.

Dagny Enterprises Has a Target Rate of Return of 10