Which of the Following Is the Correct Formula for Calculating

question 118

Multiple Choice

Which of the following is the correct formula for calculating return on investment?

• A) Net profit / Sales
• B) Gross profit / Sales
• C) Operating income / Average total assets
• D) Earnings available to stockholders / Number of outstanding shares of stock

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Definitions:

Explicit

Clearly and directly expressed or demonstrated, leaving no room for confusion or ambiguity.

Procedural Memory

The aspect of long-term memory that enables people to perform tasks without conscious awareness of having learned them, such as riding a bike.

Episodic Memory

The type of long-term memory that involves the recollection of specific events, situations, and experiences.

Roller Skate

A shoe, or a device attached to a shoe, outfitted with small wheels for skating on hard surfaces.