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.

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Definitions:

Production Planner

A professional responsible for determining the schedule and workflow of manufacturing processes to ensure efficient production.

Chase Strategy

A business approach where production meets the exact demand without holding excess inventory, adjusting output as needed.

Production Rate

The speed at which goods are manufactured or processed in a given amount of time, often measured in units per hour or per day.

Machine Capacity

The maximum amount of work that a machine or plant can produce in a given period, usually measured in units of output.