One item is omitted from each of the following computations of the return on investment: Return on Investment = Profit Margin × Investment Turnover 18% = 10% × (a) (b) = 28% × 0.75 24% = (c) × 1.5 10% = 20% × (d) (e) = 15% × 2.2 Determine the missing items identified by the letters as shown above. If required, round your answers to two decimal places. Item Answer (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%
One item is omitted from each of the following computations of the return on investment: Return on Investment = Profit Margin × Investment Turnover 18% = 10% × (a) (b) = 28% × 0.75 24% = (c) × 1.5 10% = 20% × (d) (e) = 15% × 2.2 Determine the missing items identified by the letters as shown above. If required, round your answers to two decimal places. Item Answer (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%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
One item is omitted from each of the following computations of the
| Return on Investment | = | Profit Margin | × | Investment Turnover |
|---|---|---|---|---|
| 18% | = | 10% | × | (a) |
| (b) | = | 28% | × | 0.75 |
| 24% | = | (c) | × | 1.5 |
| 10% | = | 20% | × | (d) |
| (e) | = | 15% | × | 2.2 |
Determine the missing items identified by the letters as shown above. If required, round your answers to two decimal places.
| Item | Answer |
|---|---|
| (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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