The Formula for the Rate of Return on Total Assets

question 89

Multiple Choice

The formula for the rate of return on total assets ratio is:

• A)net income less interest expense divided by total assets at the end of the year.
• B)net income plus interest expense divided by total assets at the end of the year.
• C)net income plus interest expense divided by average total assets.
• D)net income less interest expense divided by average total assets.

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Definitions:

Reciprocal Obligations

Mutual duties or responsibilities that exist between individuals or entities in a relationship or social contract.

Inner Transformation

Refers to a fundamental change in the inner self, often in terms of personal attitudes, beliefs, or perspectives.

Liberation

The act or process of freeing someone or something from another's control or overcoming a limiting condition or situation.

Ancestors

Predecessors from which one is descended, generally referring to earlier generations of a person's family lineage, who may influence current cultural, social, or biological aspects of the family.