Which of the Following Is True of Models

question 1

Multiple Choice

Which of the following is true of models?

• A)they are concrete representations of the world.
• B)they are unrealistic representations of the world.
• C)they are simplified representations of the world.
• D)they cannot be used to measure real world phenomena.
• E)because they are small,they cannot accurately reflect reality.

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Definitions:

Invested Capital

The total amount of money that has been invested into a company by its owners, shareholders, and creditors, used for acquiring assets and funding operations.

Investment Turnover

A financial ratio that measures the efficiency of a company's use of its investments in generating sales revenue.

Profit Margin

The percentage of revenue remaining after all expenses have been deducted from sales.

Return On Investment

Return on investment (ROI) measures the gain or loss generated on an investment relative to the amount of money invested, expressed as a percentage.