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Return on assets is: Multiple Choice Computed by multiplying net income by average total assets. Also called rate of return. Used in helping evaluate expenses.
Return on assets is:
Multiple Choice
Computed by multiplying net income by average total assets.
Also called rate of return.
Used in helping evaluate expenses.
Computed by dividing net income by average total assets.
Found on the balance sheet.
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
6th edition
978-0077328894, 71313974, 9780077395810, 77328892, 9780071313971, 77395816, 978-0077400163
