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Business - High Asset Turnover and Low Profit Margin

Which generic business would you expect a combination of high asset turnover and low profit margins?

1-supermarkets
2-banks
3-software developers
4-airlines

© BrainMass Inc. brainmass.com August 22, 2018, 12:19 am ad1c9bdddf

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1-supermarkets

-- We would definitely expect a grocery store to have a high asset turnover. Product has to ...

Solution Summary

This solution explains which of the generic businesses listed would have a combination of high asset turnover and low profit margins.

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