Multiple Choice
Which of the following is true of rate of return on assets?
A) It is a measure of a company's profitability.
B) It is used to evaluate a company's ability to pay off its short-term debts.
C) It is used to determine the financial leverage of a company.
D) It is a measure of the optimum capital structure.
Correct Answer:
Verified
Correct Answer:
Verified
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