Question campbell candy corporation desires a 16 return on, Ask an Expert

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Question: Campbell Candy Corporation desires a 16% return on investment on all operations. The following information was available for the company for the current year. Sales $250,000 Operating Income $70,000 Turn over 0.6% What is the corporation's ROI?

A) Impossible to determine from the information given.

B) 28%

C) 16.8%

D) 32%

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92574823

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