Since the sales figure is neutral in the return on investment (ROI)formula,ROI = Margin * Turnover,a change in total sales will NOT affect ROI.

Name: Since the sales figure is neutral in the return on investment (ROI)formula,ROI = Margin * Turnover,a change in total sales will NOT affect ROI.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The statement is false. Total sales are included in the calculation of turnover, which is part of the ROI formula. Therefore, a change in total sales will affect ROI.

Since the Sales Figure Is Neutral in the Return on Investment