The profit margin for Division C is 12.8% and the investment turnover is 1.2. What...

70.2K

Verified Solution

Question

Accounting

image

The profit margin for Division C is 12.8% and the investment turnover is 1.2. What is the rate of return on investment for Division B? Round the percentage to two decimal places. Oa. 20.16% Ob. 15.36% Oc. 16.56% Od. 10.75%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students