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    Accounting Business Reporting Study Set 1
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    Exam 14: Performance Measurement
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    If Return on Investment Is 12
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If Return on Investment Is 12

Question 39

Question 39

Multiple Choice

If return on investment is 12.5% and investment turnover is 1.2 times,profit margin is:


A) 15%
B) 13.7%
C) 10.42%
D) 9.6%

Correct Answer:

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