The Return on Total Assets Can Be Calculated as the Profit

question 79

True/False

The return on total assets can be calculated as the profit margin times the total asset turnover.

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Definitions:

Assignment Operator

In programming, an operator that assigns a value to a variable, commonly represented by the "=" symbol.

Lvalue

A location value, representing an object that occupies some identifiable location in memory (such as a variable), which can be assigned a value.

Assignment Operator

The operator (=) used to assign a value to a variable in programming.

Garbage Value

An undefined or meaningless value that a variable can have, due to uninitialized memory or memory leaks.