Which of the Following Is the Formula for Computing the Rate

question 38

Multiple Choice

Which of the following is the formula for computing the rate of return on total assets?

• A)(Net income - preferred dividends)/number of shares of outstanding common stock
• B)Net income/net sales
• C)(Net income + interest expense)/average total assets
• D)(Net income - preferred dividends)/average common stockholders' equity

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Definitions:

Corporate Headquarters

The main office or center of operations for a corporation, often where strategic decisions are made.

Preapproach Stage

The phase in the sales process where the salesperson gathers relevant information before making the initial contact with the prospective customer.

Qualify Leads

The process of assessing potential sales contacts to determine their likelihood of becoming profitable customers.

Buying Process

A series of steps consumers go through, from recognizing a need or desire to the final purchase and post-purchase evaluation.