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Profit margin, investment turnover, and return on investment The condensed income statement for the Consumer Products Division of Tri-State Industries Inc. is as follows (assuming
Profit margin, investment turnover, and return on investment The condensed income statement for the Consumer Products Division of Tri-State Industries Inc. is as follows (assuming no support department charges): The manager of the Consumer Products Division is considering ways to increase the return on investment. Open spreadsheet for the investment turnover to two decimal places
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