Examlex
All of the following statements are true EXCEPT:
Invested Assets
Assets that are purchased or acquired for the purpose of generating income or profit.
Income From Operations
This represents the earnings generated from the normal business operations of a company, excluding non-operating income and expenses.
Return On Investment
A measure used to evaluate the efficiency of an investment, calculated by dividing net profit by the cost of the investment.
Investment Center
A division or unit within a company for which the manager has responsibility for and authority over the unit's revenues, costs, and investments.
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