Tamaras hand-made vodka company had the following results during the most recent year from performances:...
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Accounting
Tamaras hand-made vodka company had the following results during the most recent year from performances: sales 600000, Residual income 2000, investments turnover 4 and a required rate of return of 17%.what was the return on sales?
a) 4.58%
b) 4.65%
c) 5.89%
d) 0.40%
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