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    Finance Applications and Theory Study Set 3
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    Exam 3: Analyzing Financial Statements
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    Which of the Following Measures the Operating Return on the Firm's
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Which of the Following Measures the Operating Return on the Firm's

Question 22

Question 22

Multiple Choice

Which of the following measures the operating return on the firm's assets, irrespective of financial leverage and taxes?


A) basic earnings power ratio
B) profit margin
C) return on assets
D) return on equity

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