Multiple Choice
If both the investment turnover and the return on sales ratio increased by 13 percent, the ROI would increase by: (Hint: Assume that each component of the ROI computation is 1.00 prior to the increase.)
A) 0.00 percent
B) 27.69 percent
C) 26.38 percent
D) 26.00 percent
Correct Answer:
Verified
Correct Answer:
Verified
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