Which of the follow ing is true regarding the return on assets ratio? a. This ratio is
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Which of the follow ing is true regarding the return on assets ratio?
a. This ratio is used to evaluate the efficiency of a company given the capital contributed by owners.
b. This ratio is used to e\ aluate the financing strategy of a company.
c. Return on assets can be separated into two components, net profit margin and inventory turno\er.
d. This ratio is used to e\ aluate how efficiently a company manages its total assets.
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Related Book For 
Financial Accounting
ISBN: 9780073208145
5th Edition
Authors: Robert Libby, Patricia Libby, Daniel Short
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