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    Exam 14: Performance Evaluation for Decentralized Operations
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    The Profit Margin Is Calculated as the Ratio of Operating
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The Profit Margin Is Calculated as the Ratio of Operating

Question 78

Question 78

Multiple Choice

The profit margin is calculated as the ratio of operating income to:


A) invested assets.
B) investment turnover.
C) sales.
D) residual income.

Correct Answer:

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