Determining Missing Items in Return Computation One item is omitted from each of the following computations of the return on investment: Rate of Return on Investment = Profit Margin x Investment Turnover 13.2% = 6% x (a) (b) = 10% x 1.80 10.5% = (c) x 1.50 15% = 5% x (d) (e) = 12% x 1.10 Determine the missing items identified by the letters as shown above. If required, round your answers to two decimal places.
Determining Missing Items in Return Computation One item is omitted from each of the following computations of the return on investment: Rate of Return on Investment = Profit Margin x Investment Turnover 13.2% = 6% x (a) (b) = 10% x 1.80 10.5% = (c) x 1.50 15% = 5% x (d) (e) = 12% x 1.10 Determine the missing items identified by the letters as shown above. If required, round your answers to two decimal places.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Determining Missing Items in Return Computation
One item is omitted from each of the following computations of the
| Rate of Return on Investment |
= | Profit Margin |
x | Investment Turnover |
|||
| 13.2% | = | 6% | x | (a) | |||
| (b) | = | 10% | x | 1.80 | |||
| 10.5% | = | (c) | x | 1.50 | |||
| 15% | = | 5% | x | (d) | |||
| (e) | = | 12% | x | 1.10 |
Determine the missing items identified by the letters as shown above. If required, round your answers to two decimal places.
| (a) | fill in the blank 1 |
| (b) | fill in the blank 2% |
| (c) | fill in the blank 3% |
| (d) | fill in the blank 4 |
| (e) | fill in the blank 5% |
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