One item is omitted from each of the following computations of the rate of return on investment:

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One item is omitted from each of the following computations of the rate of return on investment:

Rate of Return on Investment = Profit Margin x Investment Turnover 8% (a) 10% (b) 15% 0.80 2.00 (d) 1.50 (c) 14% 20% 16%

Determine the missing items, identifying each by the appropriate letter.

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Financial and Managerial Accounting Using Excel for Success

ISBN: 978-1111993979

1st edition

Authors: James Reeve, Carl S. Warren, Jonathan Duchac

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