Return on investment (RON could be calculated using which of the following formulas? Multiple Choice Turnover * (Net operating income + Sales) Turnover (Sales + Net operating income) Turnover (Average operating assets + Sales) Turnover (Sales + Average operating assets) Prev 3 of 20 HE Ne > Which of the following statements is true? 7 Multiple Choice 00.45 Assuming all else holds constant, if the selling and administrative expense decreases, then the margin will increase. Assuming all else holds constant, if the selling and administrative expense decreases, then the margin will decrease. Assuming all else holds constant, if the selling and administrative expense decreases, then the turnover will increase Assuming all else holds constant, if the selling and administrative expense decreases, then the turnover will decrease.