The profit margin for the Central Division is 20%, and the investment turnover is 2.8. The return on investment (ROI) for the Central Division is
A)20%
B)7.1%
C)14%
D)56%

Name: The profit margin for the Central Division is 20%, and the investment turnover is 2.8. The return on investment (ROI) for the Central Division is A)20% B)7.1% C)14% D)56%
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Question

Quizplus · Accepted Answer

The return on investment (ROI) is calculated by multiplying the profit margin by the investment turnover. Therefore, ROI = 20% * 2.8 = 56%.

The Profit Margin for the Central Division Is 20%, and the Investment