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Question 7 Bob Stewart plans to visit his financial planner today to discuss investment strategy. As a young accountant, he knows he can afford to

Question 7
Bob Stewart plans to visit his financial planner today to discuss investment strategy. As a young accountant, he knows he can afford to invest in Which of the following ratios will be an important measure of profitability for Bob?
return on sales
inventory turnover
acid test ratio
return on equity
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