Cost Accounting (15th Edition)

Published by Prentice Hall
ISBN 10: 0133428702
ISBN 13: 978-0-13342-870-4

Chapter 23 - Performance Measurement, Compensation, and Multinational Considerations - Assignment Material - Questions - Page 899: 23-6

Answer

Three practical definitions of investment used in computing Return on Investment (ROI) include considering total assets available, total assets employed, and total assets employed minus current liabilities. These definitions help organizations assess their capital investment from different perspectives.

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