Bricker Fabrics reported a profit margin during the year of 20 per cent and an investment turnover of 40 per cent. What was its return on investment for the year?
A) 50%
B) 20%
C) 8%
D) 2%

Name: Bricker Fabrics reported a profit margin during the year of 20 per cent and an investment turnover of 40 per cent. What was its return on investment for the year? A) 50% B) 20% C) 8% D) 2%
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Question

Quizplus · Accepted Answer

Return on investment = profit margin x investment turnover 
Return on investment = 20% x 40% = 8%

Bricker Fabrics Reported a Profit Margin During the Year of 20