The Central Division of the Nebraska Company has a rate of return on investment of 28% and a profit margin of 14%.What is the investment turnover?
A) 0.2
B) 2.0
C) 5.0
D) 0.5

Name: The Central Division of the Nebraska Company has a rate of return on investment of 28% and a profit margin of 14%.What is the investment turnover? A) 0.2 B) 2.0 C) 5.0 D) 0.5
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Question

Quizplus · Accepted Answer

The investment turnover can be calculated by dividing the rate of return on investment (28%) by the profit margin (14%). Thus, 28% / 14% = 2.0.

The Central Division of the Nebraska Company Has a Rate