15. If the margin of 0.30 stayed the same and the turnover ratio of 5.0...

90.2K

Verified Solution

Question

Accounting

15.

If the margin of 0.30 stayed the same and the turnover ratio of 5.0 increased by 10%, the ROI would

a.increase by 10%.

b.increase by 15%.

c.decrease by 10%.

d.remain the same.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students