Pacific Division for Bean Company has a rate of return on investment of 28% and an investment turnover of 1.4. What is the profit margin? a. 28% b. 14% c. 20% d. 39.2%
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- Profit margin, investment turnover, and ROI Briggs Company has operating income of 36,000, invested assets of 180,000, and sales of 720,000. Use the DuPont formula to compute the return on investment and show (A) the profit margin, (B) the investment turnover, and (C) the return on investment.What is the profit margin on these accounting question?I want to correct answer
- Please provide this question solutionThe Central Division for Chemical Company has a return on investment of 21% and an investment turnover of 2.23. The profit margin is a.14.13% b.9.42% c.7.53% d.11.30%The Central Division of Chemical Company has a return on investment of 20% and an investment turnover of 1.95. What is the profit margin? Round the percentage to two decimal places. a.15.38% b.12.31% c.8.21% d.10.26%
- The Central Division for Chemical Company has a return on investment of 20% and an investment turnover of 2.26. The profit margin is a. 8.85% b. 13.27% C. 10.62% d. 7.08%The Central Division for Chemical Company has a return on investment of 30% and an investment turnover of 2.42. The profit margin (rounded to two decimal places) is a. 9.92% b. 18.60% O c. 14.88% O d. 12.40%AB Division for National Company has a rate of return on investment of 28% and an investment turnover of 1.4. What is the profit margin?
- Profit Margin, Investment Turnover, and ROI Briggs Company has income from operations of $132,756, invested assets of $299,000, and sales of $1,106,300. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a. Profit margin % b. Investment turnover c. Return on investment %Profit Margin, Investment Turnover, and ROI Briggs Company has operating income of $72,576, invested assets of $224,000, and sales of $806,400. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a. Profit margin % b. Investment turnover c. Return on investment %Profit Margin, Investment Turnover, and ROI Briggs Company has an operating income of $36,000, invested assets of $180,000, and sales of $720,000. Use the DuPont formula to compute the return on investment. a. Profit margin % b. Investment turnover c. Return on investment %