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3 (12 MARKS) Differentiate any THREE (4) of organisation forms Sole proprietorship, Partnership and Corporation. FORMULA: Profit margin = Net income // Sales Return on
3 (12 MARKS) Differentiate any THREE (4) of organisation forms Sole proprietorship, Partnership and Corporation. FORMULA: Profit margin = Net income // Sales Return on assets = Net income/Total Assets Inventory turnover = COGS/Inventory Day Sales Outstanding = Account Receivable //( sales //365) 6
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