A company's return on investment is the:

A) margin multiplied by turnover.
B) turnover multiplied by average operating assets.
C) turnover divided by average operating assets.
D) margin divided by turnover.

Variable Cost per Unit

The cost associated with producing one unit of a product, which varies with the level of production or sales volume.

Annual Fixed Costs

The total fixed costs a company incurs over a year, which do not vary with the level of production or sales.

Return on Investment

A measure of the profitability and efficiency of an investment, calculated by dividing net profits by the cost of the investment.