A Factor in Determining the Rate of Return on Investment--The

question 154

Multiple Choice

A factor in determining the rate of return on investment--the ratio of sales to invested assets--is called:

• A) profit margin
• B) indirect margin
• C) investment turnover
• D) cost ratio

---

Definitions:

Legal Position

The status or standing of an individual's or entity's situation according to the law.

Mail-Order Business

A retail operation that sells products directly to customers through catalogs, the internet, or other mail distribution methods.

Partnership End

The termination of a partnership agreement, which can occur for various reasons such as the expiry of the partnership term, mutual agreement, or death of a partner.

Fiduciary Duty

An obligation to act in the best interest of another party, typically in a relationship of trust, such as between a trustee and a beneficiary.