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Find what was return on investment for the year

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Reference no: EM132707711

Problem 1: Bricker Fabrics reported a profit margin during the year of 20 percent and an investment turnover of 40 per cent. What was its return on investment for the year?

Select one:

a. 8%
b. 20%
c. 2%
d. 50%

Reference no: EM132707711

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