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If Division C has a 10% return on sales, income of $10,000, and an investment turnover of 4 times, its ROI is?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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If Division C has a 10% return on sales, income of $10,000, and an investment turnover of 4 times, its ROI is?

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