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    Exam 13: Financial Performance Measures and Incentive Schemes
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    Joy Home Fashions Reported a Return on Investment During the Year
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Joy Home Fashions Reported a Return on Investment During the Year

Question 40

Question 40

Multiple Choice

Joy Home Fashions reported a return on investment during the year of 6 per cent and a profit margin of 12 per cent. What was the investment turnover for the year?


A) 18%
B) 50%
C) 72%
D) 20%

Correct Answer:

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