Matching
Match the following terms with the best definition given below.
Premises:
Profit margin
Rate of return on investments
Investment turnover
Residual income
Controllable revenues
Responses:
Ratio of income from operations to sales
Earned by profit centers.
Income from operations minus minimum acceptable income from operations
Ratio of sales to invested assets
Income from operations divided by invested assets
Correct Answer:
Premises:
Responses:
Profit margin
Rate of return on investments
Investment turnover
Residual income
Controllable revenues
Premises:
Profit margin
Rate of return on investments
Investment turnover
Residual income
Controllable revenues
Responses:
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