Central Division for Chemical Company has a rate of return on investment of 30% and an investment

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Central Division for Chemical Company has a rate of return on investment of 30% and an investment turnover of 2.03. What is the profit margin?

a) 22.17%

b) 17.73%

c) 11.82%

d) 14.78%

Related Book For answer-question

Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Oct 10, 2018 02:45 AM

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Central Division for Chemical Company has a rate of return on investment of 30% and an investment

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d 1478 ... View the full answer

Principles of Finance

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