The Return on Assets Ratio Is the Product of Which

question 87

Multiple Choice

The return on assets ratio is the product of which of the following?

• A)Asset turnover times gross margin percentage
• B)Asset turnover times profit margin
• C)Profit margin times sales
• D)Profit margin times total assets

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Definitions:

Erythrocytes

Red blood cells responsible for carrying oxygen throughout the body.

Collection tube

A container used in medical and research settings for the collection and storage of samples, such as blood or urine.

No additive

Products or substances without any additional ingredients or chemicals added to the original composition.

Lavender

A fragrant plant with purple flowers, used in making perfumes and in aromatherapy.