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Assuming that the net sales and profit remain the same, a company's return on investment would * A O increase if invested capital increases O decrease if the invested capital decreases O increase if the invested capital turnover rate increases increase if the invested capital turnover rate decreases

Assuming that the net sales and profit remain the same, a company's return on investment would * A O increase if invested capital increases O decrease if the invested capital decreases O increase if the invested capital turnover rate increases increase if the invested capital turnover rate decreases

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Assuming that the net sales and profit remain the same, a company's return on investment would * O increase if invested capital increases O decrease if the invested capital decreases O increase if the invested capital turnover rate increases O increase if the invested capital turnover rate decreases
Transcribed Image Text:Assuming that the net sales and profit remain the same, a company's return on investment would * O increase if invested capital increases O decrease if the invested capital decreases O increase if the invested capital turnover rate increases O increase if the invested capital turnover rate decreases
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