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    Survey of Accounting Study Set 3
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    Exam 14: Performance Evaluation for Decentralized Operations
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    Division I of Norris Company Has a Rate of Return
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Division I of Norris Company Has a Rate of Return

Question 102

Question 102

Multiple Choice

Division I of Norris Company has a rate of return on investment of 28% and a profit margin of 20%. What is the investment turnover?


A) 3.6
B) 1.4
C) 5.0
D) .7

Correct Answer:

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