?

Managerial Accounting

Free Version

Upgrade subject to access all content

Easy

ROI Relationships

MGRACT-PLI2YL

Which of the following relationships concerning return on investment (ROI) is accurate?

A

$$\text{ROI} =\cfrac { \text{Net operating income} }{\text{Sales} } $$

B

$$\text{ROI} =\cfrac { \text{Sales} }{\text{Average operating assets} } $$

C

$$\text{ROI} = \text {Margin x Turnover}$$

D

$$\text{ROI} = \text {Margin x Sales}$$