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    Exam 24: Performance Evaluation for Decentralized Operations
  5. Question
    The Eastern Division of Kentucky Company Has a Rate of Return
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The Eastern Division of Kentucky Company Has a Rate of Return

Question 24

Question 24

Multiple Choice

The Eastern Division of Kentucky 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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