Multiple Choice
If return on investment is 15.5% and investment turnover is 0.7 times profit margin is:
A) 4.5%
B) 22.14%
C) 40.4%
D) 10.85%
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q36: Which of the following is not an
Q37: Which of these is regarded as
Q38: The performance measure,which is like residual income
Q39: If investment is $300 000,credit sales are
Q40: Using written-down value as the investment base
Q42: There is no proven cause and effect
Q43: The ratio that measures the profit relative
Q44: A responsibility centre which is responsible for
Q45: Which of these is an investment base
Q46: The formula for residual income is:<br>A)profit before