The Return on Assets = Net Income ÷ Average Total

question 45

True/False

The return on assets = net income ÷ average total assets.

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Definitions:

Expression

A combination of symbols that represents a quantity or mathematical relation, including numbers, operation symbols, and sometimes variables.

Rules Of Exponents

Fundamental principles used to simplify expressions involving powers of the same base, including multiplication, division, and power of power rules.

Expression

A combination of symbols that represents a quantity or a relationship between quantities.

Y

In Cartesian coordinates, the vertical axis or the value that represents vertical position.