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The information that follows relates to Kravitz Corporation: Sales margin: 7.5% Capital turnover: 2 Invested...

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Accounting

The information that follows relates to Kravitz Corporation: Sales margin: 7.5% Capital turnover: 2 Invested capital: $20,000,000 On the basis of this information, the company's sales revenue is:

$1,500,000.

$3,000,000.

$10,000,000.

$40,000,000.

None of the other answers are correct.

Answer & Explanation Solved by verified expert
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