=+4. Division L ofLiddy Co. has a rate ofreturn on invest ment of 24% and an investment
Question:
=+4. Division L ofLiddy Co. has a rate ofreturn on invest¬
ment of 24% and an investment turnover of 1.6. What is the profit margin?
A. 6% C. 24%
B. 15% D. 38%
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