Norwood Company has a return on investment of 10%, operating income of $200,000, and a capital turnover of 4.0. How much were Norwood's sales?
A) $10,000,000
B) $8,000,000
C) $2,000,000
D) $200,000

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The Answer of Norwood Company has a return on investment of 10%, operating income of $200,000, and a capital turnover of 4.0. How much were Norwood's sales?
A) $10,000,000
B) $8,000,000
C) $2,000,000
D) $200,000

Norwood Company Has a Return on Investment of 10%, Operating