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    Accounting What the Numbers Mean Study Set 2
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    Exam 3: Fundamental Interpretations Made From Financial Statement Data
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    A Firm Has an ROI of 15%, Turnover of 3
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A Firm Has an ROI of 15%, Turnover of 3

Question 13

Question 13

Multiple Choice

A firm has an ROI of 15%, turnover of 3, and sales of $6 million. The firm's margin is:


A) $900,00.
B) 5%.
C) 30%.
D) $300,000.

Correct Answer:

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