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15. If the margin of 0.30 stayed the same and the turnover ratio of 5.0 increased by 10%, the ROI would a.increase by 10%. b.increase
15.
If the margin of 0.30 stayed the same and the turnover ratio of 5.0 increased by 10%, the ROI would
a.increase by 10%.
b.increase by 15%.
c.decrease by 10%.
d.remain the same.
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Financial Accounting
Authors: Belverd E. Needles
5th Edition
0395698022, 978-0395698020
