Question: Multiple Select Question Select all that apply Which statements correctly describe return on investment ( ROI ) ? ( Choose every correct answer. ) It
Multiple Select Question
Select all that apply
Which statements correctly describe return on investment ROIChoose every correct answer.
It is calculated by dividing the average net income by the average total assets.
It is normally calculated using net income as the measure of the return.
It is calculated by dividing net income earned during the year by the total assets at the end of the year.
It is normally calculated using average total assets as the measure of the investment.
It is sometimes referred to as return on assets ROA
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