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Home Q & A Board Other Fields Homework Help Business Accounting
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7 years ago
Which of the following is the correct formula for calculating return on investment?
A) Gross profit / Sales
B) Net profit / Sales
C) Operating income / Average total assets
D) Earnings available to stockholders / Number of outstanding shares of stock
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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7 years ago
Will mark this subject solved, thanks
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7 years ago
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