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    Exam 24: Performance Evaluation for Decentralized Operations
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    Pacific Division for Bean Company Has a Rate of Return
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Pacific Division for Bean Company Has a Rate of Return

Question 138

Question 138

Multiple Choice

Pacific Division for Bean Company has a rate of return on investment of 28% and an investment turnover of 1.4. What is the profit margin?


A) 28%
B) 20%
C) 14%
D) 39.2%

Correct Answer:

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