The Return on Assets Ratio Can Be Computed from the Profit

question 7

True/False

The return on assets ratio can be computed from the profit margin ratio and the asset turnover ratio.

---

Definitions:

Market Segment

A subsection of a market comprised of individuals or organizations with similar characteristics, needs, or behaviors, often targeted with specific marketing strategies.

Uncertainty

The lack of clarity about future events that can cause entrepreneurs to take unreasonable actions.

Pivot

A change in business direction.

Ethical Boundary

The limits of acceptable behavior and practices, determined by ethical principles and standards, beyond which actions become morally wrong.