Return on investment (ROI) can be described or computed in each of the following ways except a.
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Return on investment (ROI) can be described or computed in each of the following ways except
a. Amount invested / Amount of return ROI. =
b. Net income / Average total assets = ROI.
c. (Net income / Sales) X (Sales / Average total assets) = ROI.
d. Margin X Turnover ROI. =
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Related Book For
Accounting What The Numbers Mean
ISBN: 9780073379418
8th Edition
Authors: David Marshall, Wayne McManus, Daniel Viele
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