If the margin of 0.30 stayed the same and the turnover ratio of 5.0 increased by 10%, the ROI would
A) increase by 10%.
B) decrease by 10%.
C) increase by 15%.
D) remain the same.

Name: If the margin of 0.30 stayed the same and the turnover ratio of 5.0 increased by 10%, the ROI would A) increase by 10%. B) decrease by 10%. C) increase by 15%. D) remain the same.
Brand: Quizplus
Rating: 4.9 (22 reviews)

Question

Quizplus · Accepted Answer

SUPPORTING CALCULATIONS:
[(0.30 × 5.5*) - 1.5**] / 1.5 = 10% increase
 
*5.00 × 1.1
**0.30 × 5.00

If the Margin of 0