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    babygirlxxl's Avatar
    babygirlxxl Posts: 4, Reputation: 1
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    #1

    Mar 19, 2007, 08:51 AM
    Profit margin
    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's Avatar
    tdtaylor Posts: 1, Reputation: 1
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    #2

    Mar 21, 2007, 07:03 PM
    Quote Originally Posted by babygirlxxl
    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
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