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%

---

Definitions:

Vietnam War

A prolonged conflict (1955-1975) between Communist forces in North Vietnam and the Republic of Vietnam in the South, along with its principal ally, the United States.

Peace With Honor

A term often used to describe the goal of achieving a peaceful resolution to a conflict while maintaining the dignity and respect of all parties involved.

Civil Rights Organization

An organization that advocates for the rights and freedoms guaranteed to every person by law, often focusing on ending discrimination and promoting equality in society.

Voter Registration

The process by which eligible citizens sign up or enroll to gain the legal right to participate in elections and vote.