Which Term Refers to the Optimum Utilization of Assets So

question 82

Multiple Choice

Which term refers to the optimum utilization of assets so that a firm continues making profit in the long run?

• A) Social sustainability
• B) Environmental sustainability
• C) Economic sustainability
• D) Physical sustainability

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Definitions:

Net Income

The net earnings of a company following the deduction of all costs, such as taxes and operational expenses, from its overall income.

Total Assets

The sum of everything an organization owns, both current and noncurrent, that can be used to generate value.

Income Statement

A report detailing a business's income, outgoings, and profit over a set period.

Financial Statement

A financial statement is a report that provides information regarding a company's financial performance and position, including its income statement, balance sheet, and cash flow statement.