Multiple Choice
The income amount that is used in the calculation of return on investment is usually
A) earnings before interest and taxes.
B) net income as defined by GAAP.
C) operating cash flows.
D) net operating profit after taxes.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q26: The following income statements for the
Q27: Which of the following is a responsibility
Q28: Which of the following consists of noninterest-bearing
Q29: Most service departments, such as machine maintenance
Q30: Last year, Green Thumb's Residential Division reported
Q32: Pegasus Recycling has a subsidiary that
Q33: An investment center manager is responsible for
Q34: What does ROI measure?<br>A)The amount of profit
Q35: Standard Media has a required rate
Q36: It is difficult to compare investment centers