Harvest Company has a sales margin of 20%, operating income of $574,000, and capital turnover of 2.0.

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Harvest Company has a sales margin of 20%, operating income of $574,000, and capital turnover of 2.0. The sales in dollars for Harvest Company may be closest to

A. $287,000.

B. $114,800.

C. $2,870,000.

D. $1,148,000.

Related Book For answer-question

Cost Accounting Foundations and Evolutions

ISBN: 978-1111626822

8th Edition

Authors: Michael R. Kinney, Cecily A. Raiborn

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Posted Date: Nov 30, 2018 09:32 AM

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Harvest Company has a sales margin of 20%, operating income of $574,000, and capital turnover of 2.0.

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Cost Accounting Foundations and Evolutions

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