The Rate of Return on Total Assets Is Computed by Dividing

question 15

Multiple Choice

The rate of return on total assets is computed by dividing

• A) Net sales by ending total assets
• B) Net income by ending total assets
• C) Net income by average total assets
• D) Net sales by average total assets

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Definitions:

Appreciation

Recognition and enjoyment of the good qualities of someone or something.

Interpersonal Differences

Variations among individuals in a group due to their distinct characteristics, behaviors, or attitudes.

Affirmative Action

A policy or a set of actions designed to promote equal opportunity for historically disadvantaged groups within employment, education, and other areas.

Future Discrimination

The act of unfairly treating individuals or groups based on predicted future characteristics, actions, or behaviors which have not yet occurred.