The Western Division of Bestboot Company Has a Rate of Return

question 193

Multiple Choice

The Western Division of Bestboot Company has a rate of return on investment of 15% and an investment turnover of 1.2. What is the profit margin?

• A) 10%
• B) 12.5%
• C) 9%
• D) 6%

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Definitions:

Price Objection

A concern or hesitation raised by a potential buyer about the cost of a product or service.

Economic Excuses

Reasons given for not purchasing a product or service based on financial constraints or budget considerations.

Money Objection

In sales, a customer's resistance or hesitation to make a purchase based on the price or cost of the product or service.

Price/Value Formula

A concept in marketing or economics that relates the price of a good or service to its perceived or actual value to the consumer.