Return on Assets Is a Profitability Ratio That Is Found

question 39

True/False

Return on assets is a profitability ratio that is found by dividing net income by average total assets.

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Definitions:

Robert Siegler

A prominent psychologist known for his work on children's cognitive development, particularly in areas of mathematical understanding and strategy choice.

Balance Scale Problems

Balance scale problems involve tasks that require the understanding of weight distribution and equilibrium principles, often used as cognitive development exercises in children.

Thinking

Transforming and manipulating information in memory. Individuals think in order to reason, reflect, evaluate ideas, solve problems, and make decisions.

Manipulating Information

The process of handling, organizing, and adapting data or knowledge to understand it better or to achieve a specific outcome.