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1 ) A grocer would have higher inventory turnover compared with a jewelry store. A jeweler would be expected to have higher profit margins. (

1) A grocer would have higher inventory turnover compared with a jewelry store. A jeweler would be expected to have higher profit margins.
(a) Which indicates that a grocer would be more profitable
(b) Which indicates that a jeweler would be more profitable
(c) If we multiply asset turnover by profit margin, it equals return on assets, which would tell us which is more profitable
(d) none of these are true

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