increase in receivable days might be done to attract new customers.

Select one:

True

False

Returns on capital employed ratio is 25%. this means

a.

Each dollar invested as capital employed generates 25 Cents as net income

b.

Each 25 Cents invested as capital employed generated by each dollar of sales

c.

capital employed coverage is 25%

d.

Each dollar invested as capital employed generates 25 Cents as revenues