Which One of the Following Is Equal to Net Income

question 58

Multiple Choice

Which one of the following is equal to net income expressed as a percentage of total assets?

• A)return on equity
• B)return on the balance sheet
• C)operating yield
• D)net yield
• E)return on assets

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Definitions:

Bluegrass Albums

Collections or compilations of music that belong to the bluegrass genre, characterized by string instruments and roots in American folk music.

Revenues

The complete sum of funds a company acquires from selling goods or delivering services over a specific time frame.

Unit Elasticity

A scenario in which the percentage change in quantity demanded or supplied is equal to the percentage change in price, resulting in no change in total revenue.

Total Spending

The aggregate amount of money spent by consumers, businesses, and the government in an economy over a specific period.