How is the rate of return on operating assets determined? Is it possible for two companies with

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How is the rate of return on operating assets determined? Is it possible for two companies with operating margins of \(5 \%\) and \(1 \%\), respectively, to both have a rate of return of \(20 \%\) on operating assets? How?

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Financial Accounting A Business Perspective

ISBN: 9780072289985

7th Edition

Authors: Roger H. Hermanson, James Don Edwards

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