Multiple Choice
A return on assets of 5.15% means that a company is earning:
A) a $5.15 return on every $100 of total assets.
B) a $5.15 return on every $100 of assets minus liabilities.
C) a $5.15 return on every $100 of current assets.
D) a $5.15 return on every $100 invested in long-term assets.
Correct Answer:
Verified
Correct Answer:
Verified
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