Examlex
Which of the following represent skills that managers need?
Return on Investment
A measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the profit of the investment by its cost.
Residual Income
The net income that exceeds the minimum required return on a company's investments or operations.
Minimum Return on Investment
The least amount of return that an investor is willing to accept for an investment, considering the risk and opportunity cost.
Support Department Cost
Expenses related to departments within a company that do not directly produce goods but support those that do.
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