Multiple Choice
The Perez Company had a 12.5% return on a $100,000 investment in new equipment.The investment resulted in increased sales,and the resultant increase in income amounted to 5% of sales.The turnover (asset utilization) was:
A) 1.
B) 17.5.
C) 2.5.
D) 7.5.
Correct Answer:
Verified
Correct Answer:
Verified
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