Asked by
Sarbjit Sidhu
on Nov 12, 2024Verified
Investment turnover (as used in determining the return on investment) focuses on the rate of profit earned on each sales dollar.
Investment Turnover
A measure of the efficiency of a company in using its investments to generate sales revenue.
Sales Dollar
Refers to the total monetary value of all sales transactions within a given period.
Profit Earned
The financial gain obtained after subtracting all expenses, taxes, and costs from the revenue generated from business operations.
- Comprehend the process of computing return on investment (ROI) along with its constituent elements.
Verified Answer
JR
Learning Objectives
- Comprehend the process of computing return on investment (ROI) along with its constituent elements.