Examlex
List and describe the three levels of ethical development.
Return On Assets Ratio
A profitability ratio that measures how efficiently a company can manage its assets to produce net income, calculated by dividing net income by total assets.
Net Income
The total profit of a company after all expenses and taxes have been subtracted from total revenue, indicating financial health.
Total Assets
The sum of all assets owned by a company, displayed on the balance sheet, including current and non-current assets.
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets.
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