GK
ACCOUNTING
Question
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ROI stands for -
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Return of Income
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Ratio of Investment
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Return on Investment
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None of these
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Explanation:
Detailed explanation-1: -Return on investment (ROI) is a performance measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of a number of different investments. ROI tries to directly measure the amount of return on a particular investment, relative to the investment’s cost.
Detailed explanation-2: -Return on investment (ROI) or return on costs (ROC) is a ratio between net income (over a period) and investment (costs resulting from an investment of some resources at a point in time). A high ROI means the investment’s gains compare favourably to its cost.
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