Question
Which formula calculates the return on assets ratio? A. (Net Income + Interest Expense)/Average Assets. B. (Net Income + Extraordinary Items)/Average Assets C. (Net Income
Which formula ""calculates"" the return on assets ratio?
A. (Net Income + Interest Expense)/Average Assets.
B. (Net Income + Extraordinary Items)/Average Assets
C. (Net Income + Discontinued Operations)/Average Assets
D. (Net Income + Income Tax Expense)/Average Assets.
E. None of these
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Sound Investing, Chapter 8 - Revenue Hoaxes
Authors: Kate Mooney
3rd Edition
007171930X, 9780071719308
