Multiple Choice
A change in the investment turnover ratio from 2.3 times to 3.7 times will always mean,no matter what other factors change,that:
A) more sales are being generated relative to investment.
B) less sales are being generated relative to investment.
C) return on investment will be higher.
D) return on investment will be lower.
Correct Answer:
Verified
Correct Answer:
Verified
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