Return on Assets Is Defined as the _________ of a Firm

question 18

Multiple Choice

Return on assets is defined as the _________ of a firm expressed as a percentage of the firm's _________.

• A) net income; total assets
• B) net income; current assets
• C) net income; fixed assets
• D) revenue; gross margin
• E) revenue; operating margin

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Definitions:

Scandals

Events or actions that cause public outrage or shock due to perceived ethical, legal, or moral infractions.

Discretionary Responsibility

The voluntary obligation or duty of an organization to contribute to the welfare of the broader community.

Economic, Legal, Ethical Expectations

Standards and norms guiding behavior in regards to financial operations, adherence to laws, and moral principles in business or personal conduct.

Well-Being

The state of being comfortable, healthy, or happy, reflecting the overall quality of an individual's life.