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Author Question: If a retailer has a return on assets of 15 percent and a net profit margin of 3 percent, then its ... (Read 91 times)

mwit1967

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If a retailer has a return on assets of 15 percent and a net profit margin of 3 percent, then its rate of asset turnover is:
 a. .20 times.
  b. 5.0 times.
  c. 15.0 times.
  d. 30.0 times.
  e. 60.0 times.

Question 2

Storing involves breaking down heterogeneous products into more homogenous groups.
 
 Indicate whether the statement is true or false



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Joc

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Answer to Question 1

B

Answer to Question 2

T




mwit1967

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


bitingbit

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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