For Most Profitable Companies, the Return on Total Assets Will

question 41

Multiple Choice

For most profitable companies, the return on total assets will be less than:

• A) the rate earned on sales.
• B) cannot be determined without more information.
• C) the rate earned on total liabilities and stockholders' equity.
• D) the return on stockholders' equity.

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Definitions:

Carbonate Rock

A rock composed mostly of carbonate minerals, especially calcite and dolomite.

Dolostone

A rock composed mostly of the mineral dolomite.

Limestone

A sedimentary rock composed mainly of calcium carbonate, often formed from the shells of marine life.

Carbonate Rocks

Sedimentary rocks composed primarily of carbonate minerals, such as limestone and dolomite, often formed from the accumulation of marine organisms' shells.