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    Survey of Accounting Study Set 2
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    Exam 14: Performance Evaluation for Decentralized Operations
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    If the Profit Margin for a Division Is 8% and the Investment
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If the Profit Margin for a Division Is 8% and the Investment

Question 9

Question 9

True/False

If the profit margin for a division is 8% and the investment turnover is 1.20,the rate of return on investment is 6.7%.

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