Return on Assets and Return on Equity Are Both Profitability

question 66

True/False

Return on assets and return on equity are both profitability ratios.

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Definitions:

Unified National Code

A thread standard used in the United States and Canada for bolts, screws, and nuts, specifying the shape, angle, diameter, pitch, and length of threads.

Abbreviation

A shortened form of a word or phrase used to save space or avoid repetition.

Hexagon

A polygon with six edges and six vertices, often seen in tools, nuts, and bolts due to its efficient load distribution and ease of wrenching.

Spotface

A localized, flat surface machined on a part, typically around a hole, providing a seating surface for a fastener or bearing.