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Which of the following is NOT true? ( RI = residual income, ROI = return on investment ) A . If Turnover is above 1

Which of the following is NOT true? (RI = residual income, ROI = return on investment) A. If Turnover is above 1.0, the ROI will be greater than the Margin B. If RI is positive, the ROI of the same figures would be greater than the minimum required rate of return C. Positive Margin indicates that a company is definitely above break-even sales. D. Its possible for a project to have a negative RI and still increase NOI. E. Any project with positive RI would also raise ROI

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