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    Financial and Managerial Accounting Study Set 11
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    Exam 24: Evaluating Decentralized Operations
  5. Question
    The Ratio of Operating Income to Sales Is Termed the Profit
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The Ratio of Operating Income to Sales Is Termed the Profit

Question 25

Question 25

True/False

The ratio of operating income to sales is termed the profit margin component of the return on investment.

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