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Cindex Corporation Had Total Capitalization of $500 Million

Question 62

Multiple Choice

Cindex Corporation had total capitalization of $500 million.It had sales of $600; cost of goods sold of $375 million, and operating expenses of $75 million.Tax rate is 30%.Calculate the company's Return of Capital.


A) 21%
B) 23%
C) 25%
D) 27%

Correct Answer:

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