Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The return on investment ( ROI ) is computed as a . net income divided by invested assets b . revenue divided by invested assets

The return on investment (ROI) is computed as
a. net income divided by invested assets
b. revenue divided by invested assets
c. operating income divided by invested assets
d. None of the above
When comparing Return on srivestment (ROI) over time, a favorable trend would be
a. an increase in ROI
b. a decrease in ROI
c. no change in ROI
d. All of the above
The excess of operating income over a minimum acceptable Operating Income is called
a. net income
b. residual income
c. operating income
d. None of the above
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

CIA Part 3 Business Knowledge For Internal Auditing 2021

Authors: MUHAMMAD ZAIN

1st Edition

B09B23JKZ8, 979-8739475527

More Books

Students also viewed these Accounting questions

Question

Are there any questions that you want to ask?

Answered: 1 week ago