Multiple Choice
ROA is computed as:
A) Net income / Average stockholders' equity
B) Earnings without interest expense (EWI) / Average total assets
C) Profit margin × Asset turnover
D) B or C
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: Note receivable due in 30 days<br>A) Current
Q3: The chart of accounts is also known
Q4: Inventory<br>A) Current assets<br>B) Long-term investments<br>C) Long-term assets<br>D)
Q5: Land<br>A) Current assets<br>B) Long-term investments<br>C) Long-term assets<br>D)
Q6: Building<br>A) Current assets<br>B) Long-term investments<br>C) Long-term assets<br>D)
Q7: Accounts receivable<br>A) Current assets<br>B) Long-term investments<br>C) Long-term
Q8: Companies may not report internally created assets,
Q9: If Camrey's Trucks makes the appropriate adjusting