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    Managerial Accounting
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    Exam 11: Investment Center Performance Evaluation
  5. Question
    If the Profit Margin Percentage of 30% Stayed the Same
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If the Profit Margin Percentage of 30% Stayed the Same

Question 7

Question 7

Multiple Choice

If the profit margin percentage of 30% stayed the same and the investment turnover ratio of 5.0 increased by 10%,what would happen to ROI?


A) increase by 10%
B) decrease by 10%
C) increase by 15%
D) remain the same

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