Gauntlett Incorporated reported the following results from last year's operations: At the beginning of this year, the company has a $1,300,000 investment opportunity with the following characteristics:
If the company pursues the investment opportunity and otherwise performs the same as last year, the combined turnover for the entire company will be closest to:
A) 12.83
B) 2.65
C) 1.90
D) 3.34
Correct Answer:
Verified
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