The following data are for the Akron Division of Consolidated Rubber, Incorporated: For the past year, the turnover used in return on investment calculations was:
A) 1.4
B) 3.3
C) 10.0
D) 3.0

Question

The following data are for the Akron Division of Consolidated Rubber, Incorporated:  For the past year, the turnover used in return on investment calculations was:
A) 1.4 
B) 3.3 
C) 10.0 
D) 3.0

Quizplus · Accepted Answer

The question does not provide any information about what the turnover represents, but it does indicate that it was used in calculating return on investment (ROI). A higher turnover generally means that a company is generating more revenue per dollar of assets, which would result in a higher ROI. Out of the choices provided, D has the highest turnover and is therefore the best answer.

The Following Data Are for the Akron Division of Consolidated