Division I of Norris Company Has a Rate of Return

question 102

Multiple Choice

Division I of Norris Company has a rate of return on investment of 28% and a profit margin of 20%. What is the investment turnover?

• A) 3.6
• B) 1.4
• C) 5.0
• D) .7

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Definitions:

Productive

The quality of being able to produce a substantial amount of goods, services, or crops efficiently and effectively.

Self-Disciplined

The ability to control one’s feelings, impulses, and actions, and to pursue goals with perseverance and determination.

Middle-Class Culture

Describes the values, norms, and practices of the middle class, often associated with economic stability, education, and manners.

Reform

The process of making changes to something in order to improve it, especially in social, political, or economic institutions or practices.