Business - High Asset Turnover and Low Profit Margin
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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
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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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1-supermarkets
-- We would definitely expect a grocery store to have a high asset turnover. Product has to ...
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