Return on Investment (ROI) Is Calculated as

question 28

Multiple Choice

Return on investment (ROI) is calculated as

• A) operating income/average operating assets.
• B) average operating assets/operating income.
• C) (beginning operating assets + ending operating assets)/2.
• D) sales/average operating assets.
• E) operating income/sales.

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Definitions:

Charging Order

A legal order granted by a court to a creditor, allowing the seizure of an asset or financial interest of the debtor within a partnership or limited liability company.

Dissociate

is the act of separating or detaching oneself from a relationship, group, or association.

RUPA

The Revised Uniform Partnership Act, which is legislation that provides a legal framework for the operation of partnerships within the United States.

Implied Authority

Authority of an agent that is not explicitly stated but is assumed to be granted in order to perform acts necessary to fulfill the purpose of an agency relationship.