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    Exam 24: Performance Evaluation for Decentralized Operations
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    If the Profit Margin for a Division Is 11% and the Investment
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If the Profit Margin for a Division Is 11% and the Investment

Question 183

Question 183

True/False

If the profit margin for a division is 11% and the investment turnover is 1.5, the rate of return on investment is 7.3%.

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