One item is omitted from each of the following computations of the rate of return on investment:
|
Rate of Return on Investment |
= |
Profit Margin |
× |
Investment Turnover |
|
24% |
= |
15% |
× |
(a) |
|
(b) |
= |
8% |
× |
2.50 |
|
12% |
= |
(c) |
× |
0.80 |
|
24% |
= |
12% |
× |
(d) |
|
(e) |
= |
10% |
× |
1.60 |
Determine the missing items, identifying each by the appropriate letter.