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    Accounting Business Reporting Study Set 1
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    Exam 14: Performance Measurement
  5. Question
    If the Profit Margin Is 15
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If the Profit Margin Is 15

Question 27

Question 27

Multiple Choice

If the profit margin is 15.5% and investment turnover is 1.3 times,return on investment is:


A) 1.3%
B) 15.5%
C) 20.2%
D) 11.9%

Correct Answer:

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