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Deprecated Deprecated
wrote...
Posts: 2784
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:
Read 399 times
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Answer verified by a subject expert
Mrgo-breedMrgo-breed
wrote...
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Posts: 2227
7 years ago
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Deprecated Author
wrote...
7 years ago
Will mark this subject solved, thanks
wrote...
7 years ago
I'm liking this Slight Smile
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