Answered: Which of the following formulas is…

Which of the following formulas is correct when describing the relationship between income (1), value (V) and rate (R)? O A.R=V/I O B. R=1xV O C.R=1+ V O D. R=1/V

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 32MCQ

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Question

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Which of the following formulas is correct when describing the relationship between income (1), value (V) and rate (R)?
O A.R=V/I
O B. R =Ix V
O C.R =1+ v
O D. R =1/V

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Answer) Option D. R= I/V

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