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What the sales in dollars for Progress Company

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Question - Progress Company has a sales margin of 18?%, a target rate of return of 3?%, and capital turnover of 3. Its operating income is $115,200. What the sales in dollars for Progress Company?

A. $640,000.

B. $345,600.

C. $20,736.

D. $38,400.

Reference no: EM132967254

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