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Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt
Edition 11ISBN: 978-1259569562Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt
Edition 11ISBN: 978-1259569562 Exercise 5
Write the formula for ROI, showing sales margin and capital turnover as its components.
Explanation
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Return on investment:
Common formula fo...
Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt
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