The Return on Investment Is Computed as

question 117

Multiple Choice

The return on investment is computed as

• A)operating income divided by sales.
• B)operating income divided by average operating assets.
• C)sales divided by average operating assets.
• D)operating asset turnover divided by the operating income margin.

---

Definitions:

Partially Disclosed

A situation where only limited information is made available or certain details are revealed while others remain confidential.

Breach of Contract

The failure to perform any term of a contract, written or oral, without a legitimate legal excuse.

Implied Warranty

A legal assumption that a product will perform as expected according to the sale terms without being explicitly stated.

Agency Relationship

A fiduciary connection between two parties, where one (the agent) is authorized to act on behalf of the other (the principal) in dealings with third parties.