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

question 23

Multiple Choice

A factor in determining the rate of return on investment--the ratio of income from operations to sales--is called:

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

---

Definitions:

Fiscal Year

A 12-month period used for accounting purposes and financial reporting by organizations, which may not align with the calendar year.