Multiple Choice
Return on assets is:
A) Also called rate of return.
B) Computed by dividing net income by average total assets.
C) Computed by multiplying net income by average total assets.
D) Used in helping evaluate expenses.
E) Found on the balance sheet.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q79: Investing activities involve the buying and selling
Q96: Chao Xu starts a consulting business called
Q97: Match each of the following terms with
Q100: Annie's Attic has the following account balances
Q102: Ownership of a corporation is divided into
Q104: If Madeira Company paid $42,000 of its
Q105: _ users of accounting information are users
Q106: How does the going-concern principle affect the
Q159: Photometer Company paid off $30,000 of its
Q238: Creditors' claims on the assets of a