What additional information is needed to find the rate of return on investment if income from operations is known?
A) Invested assets
B) Residual income
C) Direct expenses
D) Sales

Question

Quizplus · Accepted Answer

To find the rate of return on investment, the amount invested in the operation is required. Therefore, invested assets are needed. The other options, such as residual income, direct expenses, and sales, might be relevant for other financial calculations but are not necessary to find the rate of return on investment.

What Additional Information Is Needed to Find the Rate of Return