Pacific Division for Bean Company Has a Rate of Return

question 138

Multiple Choice

Pacific Division for Bean Company has a rate of return on investment of 28% and an investment turnover of 1.4. What is the profit margin?

• A) 28%
• B) 20%
• C) 14%
• D) 39.2%

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Definitions:

Mode

The most frequently occurring score(s) in a distribution.

Highest And Lowest Scores

The extreme values in a set of numerical data, representing the maximum and minimum measures observed.

Range

The difference between the highest and lowest scores in a distribution.

Median

The middle score in a distribution; half the scores are above it and half are below it.