The return on investment measure of performance answer is, Ask an Expert

Accounting

The return on investment measure of performance:

Answer Is relevant only to business enterprises.

a) Is used by individuals to compare investment performance.

Is calculated using sales as the amount of return.

Is calculated using total assets at the beginning of the period as the amount of investment.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9402901

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