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The turnover for Year 1 was?
A) 4.0.
B) 1.2.
C) 1.5.
D) 3.0.
Margin
The difference between the selling price of a product or service and its production or acquisition cost, often expressed as a percentage.
Return on Investment
A measure of the profitability of an investment expressed as a percentage of the initial amount invested.
Turnover
The rate at which inventory or assets are replaced over a given period, or alternatively, the total amount of a company's sales or revenues.
- Inspect performance metrics, particularly margin and turnover.
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Learning Objectives
- Inspect performance metrics, particularly margin and turnover.
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