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Profit margin, investment turnover, and return on investment The condensed income statement for the...

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Accounting

Profit margin, investment turnover, and return on investment
The condensed income statement for the Consumer Products Division of Hydra Industries Inc. is as follows (assuming no support department allocations):
Sales
Cost of goods sold
Gross profit
Administrative expenses
Operating income
The manager of the Consumer Products Division is considering ways to increase the return on investment.
turnover to one decimal place.
Profit margin
%
Investment turnover
Retum on investment
%
Profit margin
%
Investment turnover
Return on investment
image

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