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NEW QUESTION 25
The ratio of annual operating income to the total capital put in the business is called:

• A. Return on investment
• B. Profit margin
• C. Return on asset
• D. Operating efficiency

Answer: A

NEW QUESTION 26
Seasonality can be forecast using a multiplicative model to create a seasonal index.

• A. False
• B. True

Answer: B

NEW QUESTION 27
What is expressed in a way that indicates price changes over time?

• A. Index
• B. Discrepancy
• C. Inflation
• D. Variance

Answer: A

NEW QUESTION 28
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