Suppose the International Division of National Products Company had a turnover ratio of 5.2 and a margin of 0.10. What would be the return on investment?
A) 23.8%
B) 38.0%
C) 52.0%
D) 420.0%

Question

Quizplus · Accepted Answer

Return on Investment (ROI) can be calculated as Turnover Ratio x Margin. 
So, ROI = 5.2 x 0.10 = 0.52 or 52%. Therefore, the correct answer is option C.

Suppose the International Division of National Products Company Had a Turnover