Waldron inc. is considering selling to a group of new customers that will bring in credit sales of $24,000 with a return on sales of 5%. the only new investment will be in accounts receivable. waldron has a turnover ratio of 6 to 1 between sales and accounts receivable. what is waldron inc.'s expected return on investment?
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Home » Business » Waldron inc. is considering selling to a group of new customers that will bring in credit sales of $24,000 with a return on sales of 5%. the only new investment will be in accounts receivable.