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    Return on Investment Measure of Performance

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    The return on investment measure of performance:
    a) Is not as important a measure of management effectiveness as the amount of net income.
    b) Relates dividends paid to the entity's assets
    c) Is calculated using net income as the amount of return
    d) Is calculated by dividing average assets for a period by the amount of net income for the period

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    Solution Preview

    c) Is calculated using net income as the amount of return

    It is calculated as ...

    Solution Summary

    This solution provides the correct answer with explanation to the ROI question listed.

    $2.19

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