In a business formula such as Return on Investment, "on" means ________.
A) "divided by"
B) "on top of"
C) "deducted from"
D) "subtracted from"
Correct Answer:
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Q19: In the income statement, EBIT minus interest
Q20: Owner's equity consists of _.
A) common equity
B)
Q21: If you extend credit, it is critical
Q22: ROI is always calculated for _.
A) a
Q23: If you invest $1,525,000 in a business
Q25: The return on sales ratio is _.
A)
Q26: In the United Kingdom, the income statement
Q27: A business's operating ratios are computed by
Q28: How would you express a ratio as
Q29: Return on Sales (ROS) is also called
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