Return on Investment Is Calculated by Dividing

question 2

Multiple Choice

Return on investment is calculated by dividing

• A) contribution margin by sales.
• B) controllable margin by sales.
• C) contribution margin by average operating assets.
• D) controllable margin by average operating assets.

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Definitions:

Bank Statement Adjustment

The process of modifying the balance shown on a bank statement to reflect transactions or corrections not yet recorded by the bank.

Company Books Adjustment

Modifications made to the accounting records of a company to correct errors or align them with actual financial activity.

Note Collected

The receipt of payment or the collection of a note receivable.

Bank Statement Adjustment

The process of reconciling the difference between a bank's record of an account's balance and the amount shown in the account holder's books.