Which of the Following Is the Best Measure of Performance

question 3

Multiple Choice

Which of the following is the best measure of performance that is independent of the way an entity is financed?

• A)Gross margin percentage
• B)Profit margin
• C)Return on equity
• D)Return on assets

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Definitions:

Imaginary Unit

A mathematical constant represented by \(i\), defined as the square root of -1, which is the basis for complex numbers.

Standard Form

A way of writing equations, such as for a line \(Ax + By = C\), where \(A\), \(B\), and \(C\) are constants.

Standard Form

A way of writing down very large or very small numbers conveniently, also specifically referring to the general representation of a linear equation as Ax + By = C.

Multiply

A mathematical operation that combines two quantities to produce a product.