FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Determining missing items in return on investment computation
One item is omitted from each of the following computations of the return on investment:
Return on Investment | = | Profit Margin | x | Investment Turnover | |||
24 % | = | 10 % | x | (a) | |||
(b) | = | 24 % | x | 0.75 | |||
12 % | = | (c) | x | 1.5 | |||
16 % | = | 20 % | x | (d) | |||
(e) | = | 15 % | x | 2.2 |
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