If the margin of 0.3 stayed the same and the turnover ratio of 5.0 increased by 10 percent,how would the ROI respond?
A)increase by 10 percent
B)decrease by 10 percent
C)increase by 15 percent
D)decrease by 15 percent

Question

Quizplus · Accepted Answer

The ROI (Return on Investment) is calculated as the product of the margin and the turnover ratio. If the margin stays the same and the turnover ratio increases by 10 percent, the ROI would also increase by 10 percent, reflecting the proportional increase in the turnover ratio.

If the Margin of 0