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:

Ethnic Labels

Terms or classifications used to identify individuals or groups based on common cultural, ancestral, or social characteristics.

Social Necessity

Essential needs or requirements determined by social contexts and interactions, rather than individual preferences.

Brym

A reference to Robert Brym, a sociologist known for his works on sociology, including social movements and digital media's role in society.

Lie

An intentionally false statement made with the purpose of deceiving or misleading others.