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I. A company has a profit margin of 20% and asset turnover of 3 times. What is the companys return on investment? How will this
I. A company has a profit margin of 20% and asset turnover of 3 times. What is the companys return on investment? How will this return on investment vary if: (i)Profit margin is increased by 5%? (ii) Asset turnover is decreased to 2 times? (iii) Profit margin is decreased by 5% and asset turnover is increased to 4 times?
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