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Assume that a division of MN Company has a 10% return on sales, income of $10,000, and an investment turnover of 4 times, its return
Assume that a division of MN Company has a 10% return on sales, income of $10,000, and an investment turnover of 4 times, its return on investment (ROI) is
a.500%
b.100%
c.40%
d.10%
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College Accounting Chapters 1-9
Authors: James Heintz
22nd Edition
1305888537, 978-1305666184
