Campbell candy corporation desires a 16 return on, Accounting Basics

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Campbell candy corporation desires a 16 return on

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: Campbell candy corporation desires a 16 return on

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