Select the appropriate definition for each of the items listed below.
-The dollar difference between operating income and minimum required return on a company's operating assets.
A)Turnover
B)Margin
C)ROI
D)Residual income

Question

Quizplus · Accepted Answer

The given description matches with the definition of Residual income, which is the dollar difference between operating income and minimum required return on a company's operating assets. Turnover refers to the number of times an asset is sold or used in a given period. Margin is the amount by which revenue exceeds expenses. ROI is the return on investment, which is the profit or loss resulting from an investment.

Select the Appropriate Definition for Each of the Items Listed