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

Question

Quizplus · Accepted Answer

The ROI (Return on Investment) is calculated as the product of the margin and the turnover ratio. If the turnover ratio increases by 10 percent, the ROI will also increase by 10 percent, assuming the margin remains constant.

If the Margin of 0