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    Cornerstones of Managerial Accounting
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    Exam 12: Performance Evaluation and Decentralization
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    If the National Division of American Products Company Had a Turnover
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If the National Division of American Products Company Had a Turnover

Question 11

Question 11

Multiple Choice

If the National Division of American Products Company had a turnover ratio of 4.2 and a margin of 0.10, the return on investment would be


A) 23.8%.
B) 420.0%.
C) 42.0%.
D) 238.0%.

Correct Answer:

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