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babygirlxxl
Mar 19, 2007, 08:51 AM
Simon Company has $750,000 in invested capital. Sales totaled $600,000 in a year when profits were $96,000. Calculate Simon’s profit margin, turnover, and ROI.
tdtaylor
Mar 21, 2007, 07:03 PM
Simon Company has $750,000 in invested capital. Sales totaled $600,000 in a year when profits were $96,000. Calculate Simon’s profit margin, turnover, and ROI.
96,000/600000=16.0%
600000/750000=8
16.0x8=128