If the asset turnover and profit margin of a company are 1.85 and 0.35 respectively, the return on investment is.

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A1.50

B0.65

C5.29

D0.35

Correct answer

B. 0.65

Explanation

0.65 is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.

If the asset turnover and profit margin of a company are 1.85 and 0.35 respectively, the return on investment is. - Answer and Explanation | Academy of Pakistan