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Exam 2 Chapters 5-8 19 Match the term to the appropriate definition: Saved Definitions A) Net income divided by average total assets; measures the amount
Exam 2 Chapters 5-8 19 Match the term to the appropriate definition: Saved Definitions A) Net income divided by average total assets; measures the amount of net income generated for each dollar invested in assets. B) Net income divided by net sales; indicates the earnings per dollar of sales. C) Net sales divided by average total assets; measures the sales per dollar of assets invested. D) Occurs when the future cash flows (future benefits) generated for a long-term asset fall below its book value (cost minus accumulated depreciation). E) Recording all losses in one year to make a bad year even worse. Help Save & Exit Terms Submit
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