Which Statement Below Best Describes the Meaning of Return on Assets

question 154

Multiple Choice

Which statement below best describes the meaning of return on assets (ROA) ?

• A)It answers the question: "How much profit does the company have for each dollar of revenues?"
• B)It is the percentage of profit earned from collecting accounts receivable.
• C)It indicates how well management uses a company's assets to generate net income.
• D)It measures the leverage during a period.

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Definitions:

Virus-free

Describes a digital environment, file, or device that is not infected with any malicious software or viruses.

Attachments

Files sent along with an email message or linked within documents to provide additional information.

Antivirus Program

Software designed to detect, prevent, and remove malware and viruses from computers and networks.

Virus-free

A state in which a computer or digital environment is devoid of malicious software or viruses.