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Return on Investment Equals Return on Sales Divided by Capital

question 38

True/False

Return on investment equals return on sales divided by capital turnover.


Definitions:

Aptitude test

An examination designed to measure an individual's ability to develop skills or acquire knowledge in a specific field or discipline.

Basic training

Initial training provided to new military personnel, focusing on physical fitness, basic combat skills, and military discipline.

Placebo

A substance or treatment with no therapeutic effect, often used in clinical trials as a control to test the efficacy of treatments.

Placebo

A substance or treatment with no active therapeutic effect that is used as a control in testing new drugs.

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