Question
Return on assets measures: A. how much the entity earned for each dollar of assets invested by both stockholders and creditors. B. return on sales
Return on assets measures:
A.
how much the entity earned for each dollar of assets invested by both stockholders and creditors.
B.
return on sales times total asset turnover.
C.
profitability of a company's core business operations.
D.
A and B.
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Financial Accounting An Introduction To Concepts Methods And Uses
Authors: Clyde P. Stickney, Roman L. Weil
9th Edition
0030259622, 978-0030259623
