If the Rate of Return on Assets for the Year

Multiple Choice

If the rate of return on assets for the year is 15%, a general interpretation of the ratio would be

A) the assets generated $0.15 cash per dollar of cash invested.
B) 15% of the assets produced income while the remainder were at break-even for the year.
C) before payment for use of capital, $0.15 was earned for each dollar of assets used by the company.
D) dividends of $0.15 per share were paid.
E) before payment for use of capital, $0.15 was earned for each dollar of cash used by the company.