Waldron inc is considering selling to a group of new, Financial Management

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Waldron inc is considering selling to a group of new

Waldron Inc. is considering selling to a group of new customers that will bring in credit sales of $24,000 with a return on sales of 5%. The only new investment will be in accounts receivable. Waldron has a turnover ratio of 6 to 1 between sales and accounts receivable. What is the return on investment?

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Financial Management: Waldron inc is considering selling to a group of new

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Financial Management: Waldron inc is considering selling to a group of new

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