LOreal reports the following for a recent year for the major divisions in its Cosmetics branch. 1.

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L€™Oreal reports the following for a recent year for the major divisions in its Cosmetics branch.

L€™Oreal reports the following for a recent year for the

1. Compute profit margin for each division. State your answers as percents, rounded to two decimal places. Which L€™Oreal division has the highest profit margin?
2. Compute investment turnover for each division. Round your answers to two decimal places. Which L€™Oreal division has the best investmentturnover?

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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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