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Which of the following is not correct? O Profit margin measures profit generated per $1 of sales OROI measures profit generated per $1 of investment

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Which of the following is not correct? O Profit margin measures profit generated per $1 of sales OROI measures profit generated per $1 of investment ORI (residual income) measures additional profit generated by investment after meeting the required rate of return. Asset turnover measures the amount of sales revenue that exceeds variable costs

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