The National Division of Excellent Products Company had a turnover ratio of 4.50 and a margin of
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Question:
The National Division of Excellent Products Company had a turnover ratio of 4.50 and a margin of 0.15. Which of the following is the return on investment (ROI)? (Round answer to two decimal places.)
Group of answer choices
23.80%
67.50%
42.00%
73.80%
Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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