The Rate of Return on Investment Can Be Computed by Dividing

question 15

True/False

The rate of return on investment can be computed by dividing investment turnover by the profit margin.

---

Definitions:

Absolute Right

A legal right that is complete and not contingent upon external conditions or restrictions.

Sublet

The act of leasing out a rented property by the original tenant to a third party.

Liable

Legally responsible or obligated to make amends for actions, damages, or debts.

Possession

The state or fact of having ownership or control of something, often referring to tangible property.