Asked by
Savion Staton
on Nov 17, 2024Verified
Investment turnover (as used in determining the return on investment) focuses on the rate of profit earned on each sales dollar.
Investment Turnover
A measure of a company's efficiency in using its investments to generate sales, calculated as sales divided by the average value of investments.
- Analyze the calculation and significance of investment turnover in evaluating performance.
Verified Answer
MH
Learning Objectives
- Analyze the calculation and significance of investment turnover in evaluating performance.
Related questions
If Operating Income for a Division Is $30,000, Sales Are ...
If Operating Income for a Division Is $120,000, Sales Are ...
If Operating Income for a Division Is $6,000, Invested Assets ...
If Operating Income for a Division Is $6,000, Invested Assets ...
The Ratio of Sales to Invested Assets Is Termed the ...