Question: Which financial ratio is always the same whether computed using local currency balances or translated balances? A. Gross margin percentage (gross margin/sales) B. Total assets

Which financial ratio is always the same whether computed using local currency balances or translated balances?

A.

Gross margin percentage (gross margin/sales)
B.

Total assets turnover (sales/average assets)
C.

Return on assets (profit/average assets)
D.

Receivables turnover (credit sales/average receivables)

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