An Improvement in Either Capital Turnover or Return on Sales

question 84

Multiple Choice

An improvement in either capital turnover or return on sales, without changing the other, will also improve the:

• A) level of sales
• B) net book value
• C) rate of return on invested capital
• D) cost of capital

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Definitions:

Tax Revenue

The income that is gained by governments through taxation, which is used to fund public services and government obligations.

Organized Crime

Crime committed by structured groups typically involving the provision of illegal goods and services.

Internet Gambling

Placing bets or wagers on games of chance or skill, typically using the internet or other forms of digital communication.

Billion Dollars

A monetary unit equal to one thousand million dollars, often used to indicate a vast amount of wealth or cost.