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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

What does the return on investment ratio indicate? - Accountancy

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Question

What does the return on investment ratio indicate?

Short/Brief Note
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Solution

Return on investment shows the proportion of net profit before interest and tax to capital employed (shareholders’ funds and long-term debts). This ratio measures how efficiently the capital employed is used in the business. It is an overall measure of the profitability of a business concern.

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Chapter 9: Ratio Analysis - Very Short Answer Questions [Page 320]

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Samacheer Kalvi Accountancy [English] Class 12 TN Board
Chapter 9 Ratio Analysis
Very Short Answer Questions | Q II 4. | Page 320
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