To determine return on investment, we multiply two fractions: net profit/sales and sales/investment. Why cant we cancel

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To determine return on investment, we multiply two fractions: net profit/sales and sales/investment. Why can’t we cancel out the sales factor in each fraction and simply divide net profit by investment?

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Management Of A Sales Force

ISBN: 115070

12th Edition

Authors: Rosann Spiro , William Stanton , Gregory Rich

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