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COGNITIVE ASSESSMENT Which of the following is a 4G standard?
Rate of Return on Total Assets
A financial ratio that shows how effectively a company uses its assets to generate profit, calculated as net income divided by total assets.
Total Assets
The sum of all resources owned by a company, measurable in monetary terms, and listed on the balance sheet.
Net Income
The amount of earnings remaining after all expenses, including taxes and interest, have been deducted from total revenue; also known as net profit.
Interest Expense
The expense a business or individual faces for using borrowed capital during a certain timeframe.
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