Question
If a company reports profit margin of 31.6% and investment turnover of 1.30 for one of its investment centers, the return on investment must be:
If a company reports profit margin of 31.6% and investment turnover of 1.30 for one of its investment centers, the return on investment must be:
Multiple Choice
- 24.3%.
- 41.1%.
- 32.9%.
- 30.3%.
- 4.11%.
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Get StartedRecommended Textbook for
Payroll Accounting 2017
Authors: Bernard J. Bieg, Judith Toland
27th edition
ISBN: 1305675126, 1305675124, 9781305888586, 1305888588, 978-1337734776
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