Which of the following is the MOST commonly used financial performance measure that allows managers of one organization to compare performance with that of other organizations?
A) Gross profit margin
B) Debt-to-assets ratio
C) Days sales outstanding ratio
D) Inventory turnover ratio
E) Return on investment

Question

Quizplus · Accepted Answer

Return on investment (ROI) is the most commonly used financial performance measure because it allows managers of one organization to compare performance with that of other organizations. ROI lets managers assess an organization's competitive advantage.

Which of the Following Is the MOST Commonly Used Financial