Uniox Inc.intends to increase its profits by 50% in the next financial year.Which of the following is most likely to be a lag indicator in Uniox's performance report?
A)return on investment
B)number of repeat customers
C)rate of on-time deliveries
D)defect rate

Question

Quizplus · Accepted Answer

Return on investment is a measure of profitability, which indicates the net earnings as a percentage of total investment. However, it is a lag indicator as it reflects the financial performance of the previous year, and not an immediate measure of the current year's performance.

Uniox IncIntends to Increase Its Profits by 50% in the Next