Match each of the following terms with their correct description from the items listed below.* Each term may be used more than once, and it is possible that one or more of the classifications may not be used at all.
-The dollar difference between operating income and minimum required return
A)Turnover
B)Margin
C)ROI
D)Residual income

Question

Quizplus · Accepted Answer

The dollar difference between operating income and minimum required return is the definition of residual income. Turnover refers to the number of times assets are sold or used to generate revenue, margin is the difference between revenue and cost, and ROI (return on investment) measures the profitability of an investment.

Match Each of the Following Terms with Their Correct Description