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Author Question: Falcone Company has $72,000 of operating income, a profit margin of 12%, a target rate of return of ... (Read 135 times)

fbq8i

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Falcone Company has $72,000 of operating income, a profit margin of 12%, a target rate of return of 10%, and asset turnover of 3.0.  The sales in dollars for Falcone Company would be closest to
◦ $216,000.
◦ $600,000.
◦ $24,000.
◦ $8,640.


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Marked as best answer by fbq8i on Jan 5, 2020

ghepp

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fbq8i

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Reply 2 on: Jan 5, 2020
Great answer, keep it coming :)


okolip

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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