Joy Home Fashions Reported a Return on Investment During the Year

question 40

Multiple Choice

Joy Home Fashions reported a return on investment during the year of 6 per cent and a profit margin of 12 per cent. What was the investment turnover for the year?

• A) 18%
• B) 50%
• C) 72%
• D) 20%

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Definitions:

Individualism

A societal ideology that elevates the principle of personal freedom over the authority of groups or state mechanisms.

Birth Year

The year in which a person was born.

Collectivists

Collectivism refers to a cultural value that emphasizes the importance of the group over the individual, prioritizing group goals and solidarity.

Emotional Pain

A deeply unpleasant emotional response to a significant loss, betrayal, or a sense of failure.