In return on investment analysis, the investment turnover component focuses on efficiency in the use of assets and indicates the rate at which sales are being generated for each dollar of invested assets.

This statement is true. The investment turnover component of ROI analysis measures how efficiently a company is using its assets to generate sales. It calculates the rate at which sales are being generated for each dollar of invested assets, which is an important factor in assessing the overall profitability of an investment.