Ask Question
BusinessBusiness
2 June, 01:09

The performance of personal and business investments is measured as a percentage, "return on investment." What type of variable is "return on investment"? A. Attribute B. Continuous C. Discrete D. Qualitative

+5
Answers (1)
  1. 2 June, 01:39
    0
    The correct answer is letter "B": Continuous.

    Explanation:

    The Return on Investment (ROI) measures the amount of return on an investment, relative to the investment's cost. To calculate ROI, the return of an investment is divided by its cost. The result is expressed as a percentage which in many cases is called a ratio. The ROI is a continuous variable because it can take an unlimited number of values to measure (different investments).
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The performance of personal and business investments is measured as a percentage, "return on investment." What type of variable is "return ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Notification by the bank that a deposited customer check was returned NSF requires that the company make the following adjusting entry: a. Accounts Receivable. Cash. b. No adjusting entry is necessary. c. Cash. Accounts Receivable. d.
Answers (1)
Use the compound interest formula for compounding more than once a year to determine the accumulated balance after the stated period. $1200 deposit at an APR of 4% with quarterly compounding for 2 years.
Answers (1)
Two business companies dispute the quality of goods delivered by the seller and the price agreed to by the buter.
Answers (1)
Which of the following statements is correct? a. The demand for natural gas is more elastic over a short period of time than over a long period of time. b. The demand for smoke alarms is more elastic than the demand for Persian rugs. c.
Answers (1)
Makers Corp. had additions to retained earnings for the year just ended of $261,000. The firm paid out $194,000 in cash dividends, and it has ending total equity of $4.99 million. The company currently has 130,000 shares of common stock outstanding.
Answers (1)
New Questions in Business
Explain briefly why professional certification and membership in professional organizations are important.
Answers (1)
Suppose that Omar's marginal utility for each additional cup of coffee is 5.5 utils per cup no matter how many cups he drinks.
Answers (1)
A worker gets a raise of $120 per month and quickly decides to spend $90 of the money on necessities and the occasional luxury, while putting the remaining $30 into retirement savings.
Answers (1)
Is mobile suit gundam the origin a retelling?
Answers (1)
Waterway Industries can produce 100 units of a component part with the following costs: Direct Materials $15800 Direct Labor 6900 Variable Overhead 16800 Fixed Overhead 12000 If Waterway Industries can purchase the component part externally for
Answers (1)
Home » Business » The performance of personal and business investments is measured as a percentage, "return on investment." What type of variable is "return on investment"? A. Attribute B. Continuous C. Discrete D. Qualitative
Sign Up Forgot Password?