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    Division B's Profit Margin Is 16%, and the Investment Turnover
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Division B's Profit Margin Is 16%, and the Investment Turnover

Question 116

Question 116

Multiple Choice

Division B's profit margin is 16%, and the investment turnover is 1.80.What is Division B's rate of return on investment?


A) 15.7%
B) 28.8%
C) 17.0%
D) 10.6%

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