Post Utme Christopher University 2023 Commerce Question 39

Practice objective / multiple choice question 39 from the 2023 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2023 Commerce Objective / Multiple Choice
Question 39 POST_UTME_CHRISTOPHER_UNIVERSITY • 2023 • COMMERCE • objective

A firm's 'Return on Investment' (ROI) is a measure of its profitability. What is the formula for calculating the ROI?

Answer Options

Correct Answer A. \frac{Net\ Income}{Total\ Assets}
B. \frac{Total\ Assets}{Net\ Income}
C. \frac{Net\ Income - Total\ Assets}{Total\ Assets}
D. \frac{Total\ Assets - Net\ Income}{Total\ Assets}
Correct Answer
A
Correct Option:
\frac{Net\ Income}{Total\ Assets}

About This Question

This is Post Utme Christopher University 2023 Commerce Question 39. It is one of the objective questions from the 2023 Post Utme Christopher University Commerce examination.

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