Examlex
Use the table for the question(s) below.
Consider the following average annual returns:
-What is the excess return for Treasury Bills?
Return on Investment
A measure used to evaluate the efficiency or profitability of an investment, calculated as the ratio of net profit to the initial cost of the investment.
Controllable Margin
The portion of profit or margin over which management has control, usually excluding fixed costs.
Operating Assets
Assets that are used for the day-to-day operations of a business, intended to generate revenue.
Return on Investment
A measure used to evaluate the efficiency or profitability of an investment, calculated by dividing net profit by the initial cost of the investment.
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