The Return on Average Assets (ROAA)is

question 49

Multiple Choice

The return on average assets (ROAA) is:

• A)the net income generated during the period under review divided by the total assets at the end of the period considered.
• B)the net income generated during the period under review divided by the total assets at the beginning of the period considered.
• C)the average net income generated during the period under review divided by the total assets at the end of the period considered.
• D)the net income generated during the period under review divided by the average total assets over the period considered.

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Definitions:

Social Responsibility Pyramid

A framework used to depict how a business should prioritize its responsibilities, from basic economic functions to ethical duties.

Philanthropic Responsibility

The duty of businesses and organizations to contribute to the welfare of society through charitable donations, community service, and ethical practices.

Deontology

Deontology is a branch of ethics that focuses on the morality of actions based on whether they adhere to established rules or duties, rather than on the consequences of the actions.

Virtue Ethics

An approach to ethics that emphasizes an individual's character as the key element of ethical thinking, rather than rules or consequences.