Question
Question 23 Alpha Company reported a return on investment during the year of 3.6 per cent and a profit margin of 12 per cent. What
Question 23
Alpha Company reported a return on investment during the year of 3.6 per cent and a profit margin of 12 per cent. What was the investment turnover for the year?
| a. | 43.2% | |
| b. | None of the answers. | |
| c. | 30% | |
| d. | 33.33% | |
| e. | 36% |
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Management And Cost Accounting
Authors: Alnoor Bhimani, Srikant M. Datar, Charles T. Horngren, Madhav V. Rajan
7th Edition
1292232668, 978-1292232669
