return on investment

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Assuming that sales and net income remain the same, a company's return on investment will:
O increase if invested capital increases
O decrease if invested capital decreases
O decrease if the invested capital employed tumover rate decreases
O decrease if the invested capital employed tumover rate increases
Transcribed Image Text:Assuming that sales and net income remain the same, a company's return on investment will: O increase if invested capital increases O decrease if invested capital decreases O decrease if the invested capital employed tumover rate decreases O decrease if the invested capital employed tumover rate increases
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