Return on investment (ROI) could be calculated using which of the following formulas Multiple Choice Margin (Net operating income + Sales) T X Margin (Sales Net operating income) X

Auditing: A Risk Based-Approach (MindTap Course List)
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ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
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Chapter8: Specialized Audit Tools: Attributes Sampling, Monetary Unit Sampling, And Data Analytics Tools
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Return on investment (ROI) could be calculated using which of the following formulas?
W
Multiple Choice
O
O
X
Margin * (Net operating income + Sales)
O
X
O Margin x (Average operating assets + Sales)
X
Margin * (Sales - Net operating income)
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X
Margin × (Sales - Average operating assets)
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Transcribed Image Text:Return on investment (ROI) could be calculated using which of the following formulas? W Multiple Choice O O X Margin * (Net operating income + Sales) O X O Margin x (Average operating assets + Sales) X Margin * (Sales - Net operating income) Type here to search X Margin × (Sales - Average operating assets) < Prev 2 of 10
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