Indicate whether each of the following statements is true or false.
Margin is calculated by dividing operating income by net income.______
Turnover is a measure of the profits generated from sales.______
Return on investment can be improved by increasing sales,decreasing expenses,or decreasing the asset base.______
If return on investment increases when sales increase,that change usually is due at least in part to the effect of fixed costs (operating leverage).______
Return on investment blends many aspects of managerial performance into a single ratio.______

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The Answer of Indicate whether each of the following statements is true or false.
Margin is calculated by dividing operating income by net income.______
Turnover is a measure of the profits generated from sales.______
Return on investment can be improved by increasing sales,decreasing expenses,or decreasing the asset base.______
If return on investment increases when sales increase,that change usually is due at least in part to the effect of fixed costs (operating leverage).______
Return on investment blends many aspects of managerial performance into a single ratio.______

Indicate Whether Each of the Following Statements Is True or False