In the chapter-opening vignette, it was mentioned that Flow Beverage Corp. had a significant increase in year

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In the chapter-opening vignette, it was mentioned that Flow Beverage Corp. had a significant increase in year over year return on investment (ROI) for 2021. Why should investors be evaluating profitability ratios such as ROI and gross profit margin? What information does ROI and gross profit margin provide to investors?

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Fundamental Accounting Principles Volume 2

ISBN: 9781260881332

17th Canadian Edition

Authors: Kermit D. Larson, Heidi Dieckmann, John Harris

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