Return on Investment Can Be Broken into Two Components

question 31

Multiple Choice

Return on investment can be broken into two components:

• A)profit margin and asset turnover.
• B)contribution margin and asset turnover.
• C)segment margin and asset turnover.
• D)profit margin and inventory turnover.

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Definitions:

Closing Sales

The final step in the sales process where agreements are finalized, and transactions are completed, securing the purchase.

Limited Warranty

A warranty that is restricted to certain parts, certain defects, or has a specified time limit.

Continuous-yes Close

The continuous-yes close is a sales technique where the salesperson asks a series of questions designed to elicit affirmative answers, leading to a positive response on the sale.