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#009. Two divisions of' Cumberbatch Company (Divisions X and Y) have the same profit margins. Division X's investment turnover is larger than that of Division
#009. Two divisions of' Cumberbatch Company (Divisions X and Y) have the same profit margins. Division X's investment turnover is larger than that of Division Y (1.2 to 1.0). Which of the following statements is true? a. Division Y will have a higher return on investment as it is using its assets more efficiently in generating sales. b. Division X will have a higher return on investment as it is generating more operating income. c. Division X will have a higher return on investment as it is using its assets more efficiently in generating sales. d. Division Y will have a higher return on investment as it is generating more operating income
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