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Comment on the change in financial performance between 2011


Consider the following information for HandyCraft Stores for 2011 and 2012.

1603_259-B-M-A-P-E (1001).png

Required:

a. Compute ROI for both years.

b. Break ROI down into profit margin and investment turnover.

c. Comment on the change in financial performance between 2011 and 2012. 

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Managerial Accounting: Comment on the change in financial performance between 2011
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