8.
Profit margin (net) of B.S. Ltd., is 7% while turnover is 3
times of its capital. The return on investment of the concern
is ......
(a) 20%
(c) 21%
(b) 18%
(d) 19%
Answers
Answered by
1
Answer:
(d) 19%
Explanation:
Its only my guess
Answered by
0
Answer:
The return on investment of the concern is 21%
Step by step answer:
The return on investment of the concern is calculated as:
Profit margin * Times of capital
= 7% * 3
= 21%
Hence, we can conclude by saying that the answer is 21%
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