The formula to calculate Rate of return in investment (ROI) is:
A) Rate of return in investment (ROI) = Profit margin * Investment turnover
B) Rate of return in investment (ROI) = Profit margin + Investment turnover
C) Rate of return in investment (ROI) = Profit margin - Investment turnover
D) Rate of return in investment (ROI) = Profit margin / Investment turnover
Correct Answer:
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