The Crusty Pie Co., which specializes in apple turnovers, has a return on sales higher than the

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The Crusty Pie Co., which specializes in apple turnovers, has a return on sales higher than the industry average, yet its ROA is the same as the industry average. How can you explain this?

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Investments

ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Question Posted: Jan 04, 2013 08:00 AM

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The Crusty Pie Co., which specializes in apple turnovers, has a return on sales higher than the

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The companys Return on sales or operating profit mar...View the full answer

Investments

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