Problem

Return on investment (ROI) can be described or computed in each of the following ways exce...

Return on investment (ROI) can be described or computed in each of the following ways except

a. Amount invested/Amount of return = ROI.

b. Net income/Average total assets = ROI.

c. (Net income/Sales) × (Sales/Average total assets) = ROI.

d. Margin × Turnover = ROI.

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