Which financial ratio is always the same whether computed using local currency balances or translated balances A Gross margin percentage (gross margin sales) B Total assets turnover (sales average assets) C Return on assets (profit average assets) D Receivables turnover (credit sales average receivables)

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Which financial ratio is always the same whether computed using local currency balances or translated balances? A. Gross margin percentage (gross margin/sales) B. Total assets

Which financial ratio is always the same whether computed using local currency balances or translated balances?

	A.	Gross margin percentage (gross margin/sales)
	B.	Total assets turnover (sales/average assets)
	C.	Return on assets (profit/average assets)
	D.	Receivables turnover (credit sales/average receivables)

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