Select the Correct Statement from the Following

question 153

Multiple Choice

Select the correct statement from the following:

• A) Profit margin reflects a company's ability to produce net sales from total assets.
• B) Total asset turnover reflects the percent of net income in each dollar of net sales.
• C) Return on total assets can be separated into gross margin ratio and price-earnings ratio.
• D) High returns on total assets are desirable.
• E) Return on total assets analysis is beneficial in evaluating a company but is not useful for competitor analysis.

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Definitions:

Glottis

The opening between the vocal cords in the larynx, crucial for producing vocal sounds.

Positive Message

Communication that conveys favorable, optimistic, or encouraging information or sentiments.

News Release

An official statement issued to newspapers, magazines, and other media for the purpose of providing information, an announcement, or making an official statement.

Customary Pattern

Established or habitual methods of behavior or operations typical within a particular context or environment.