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Determining Missing Items in Return Computation One item is omitted from each of the following computations of the return on investment: Rate of Return on
Determining Missing Items in Return Computation
One item is omitted from each of the following computations of the return on investment:
Rate of Return on Investment | = | Profit Margin | x | Investment Turnover | |||
25% | = | 10% | x | (a) | |||
(b) | = | 24% | x | 0.75 | |||
21% | = | (c) | x | 1.5 | |||
16% | = | 20% | x | (d) | |||
(e) | = | 15% | x | 1.4 |
Determine the missing items identified by the letters as shown above. If required, round your answers to two decimal places.
(a) | fill in the blank 1 |
(b) | fill in the blank 2% |
(c) | fill in the blank 3% |
(d) | fill in the blank 4 |
(e) | fill in the blank 5% |
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