Why do managers want a high ROI, and how would they strive to increase their ROI?

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Principles Of Accounting Volume 2 Managerial Accounting

ISBN: 9780357364802

1st Edition

Authors: OpenStax

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Question Posted: Jul 23, 2023 12:16 AM

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Why do managers want a high ROI, and how would they strive to increase their ROI?

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Managers want a high return on investment ROI because it is a key indicator of the efficiency and profitability of their business activities ROI measures the ratio of net profit or gain to the cost of ...View the full answer

Principles Of Accounting Volume 2 Managerial Accounting

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