Question
Return on Investment Ratio (ROI) = (A) (Gross profit / Net sales) x 100 (B) (Gross profit x Sales / Fixed assets) x 100 (C)
Return on Investment Ratio (ROI) =
(A) (Gross profit / Net sales) x 100
(B) (Gross profit x Sales / Fixed assets) x 100
(C) (Net profit / Sales) x 100
(D) (Net profit / Total assets) x 100
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Managerial Accounting
Authors: James Jiambalvo
6th edition
9781119158226, 111915801X, 1119158222, 978-1119158011
