All of the Following Statements Are True About Return on Investment

Multiple Choice

All of the following statements are true about return on investment (ROI) except:

A) Breaking out ROI into two ratios provides information that helps division managers identify areas for improvement.
B) ROI can be improved by decreasing the operating profit margin.
C) ROI can be calculated using the gross book value method.
D) ROI can be improved by increasing asset turnover.
E) None of the answer choices is correct.