The Expression, "What You Made Over What You Paid, Times

question 40

Multiple Choice

The expression, "What you made over what you paid, times one hundred," is a device to remember how to compute ________.

• A) ROS
• B) ROA
• C) ROI
• D) None of the above.

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Definitions:

Economic Growth

An increase in the production of goods and services in an economy over a period, leading to a rise in the country’s wealth.

Dumping

The practice of selling a product in a foreign market at a price that is below the cost of production or lower than the price in the home market.

Pet Accessories

Non-essential items for pets, such as toys, clothing, beds, and grooming products, designed to enhance the care and comfort of domestic animals.

Exports

Goods or services sold by a country or business to buyers in another country.