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Home Q & A Board Other Fields Homework Help Business Accounting
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yupyup0214 yupyup0214
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Posts: 327
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5 years ago
A company has operating income of $300,000, revenues of $1,500,000, total assets of $2,000,000 and an ROI of 15%. To improve the ROI, to increase ROI to 20%, which of the following investment turnovers would need to be achieved?
A) .75
B) 1.5
C) 1
D) 2
Textbook 
Cost Accounting: A Managerial Emphasis

Cost Accounting: A Managerial Emphasis


Edition: 16th
Authors:
Read 75 times
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gabi0315gabi0315
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#1
5 years ago
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yupyup0214 Author
wrote...
#2
5 years ago
Going to mark this solved!
wrote...
#3
5 years ago
Perfect
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