Dividing the Net Income for the Year by the Average

question 94

Multiple Choice

Dividing the net income for the year by the average assets for the year is the calculation for the

• A) return on assets.
• B) earnings per share.
• C) book value per share.
• D) quick or acid-test ratio.

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Definitions:

Conduction Deafness

A type of hearing loss where there is a problem transferring sound waves anywhere along the pathway from the outer ear to the inner ear.

Eardrum

A thin membrane that separates the outer ear from the middle ear and vibrates in response to sound waves, contributing to the ability to hear.

Color Vision Deficiency

A condition impacting the ability to perceive colors accurately, commonly referred to as color blindness.

X Chromosome

One of the two sex chromosomes, present in both males (XY) and females (XX), involved in determining sex and other genetic traits.