The Return on Assets Is a Profitability Ratio That Measures

question 41

Multiple Choice

The return on assets is a profitability ratio that measures the:

• A)profit that the entity has generated specifically for its owners
• B)ability of an entity to generate income from its asset investments
• C)the relative amount of cash flow generated by each sales revenue dollar
• D)none of the options is correct

Understand the roles and social practices related to pottery and metallurgy in ancient American cultures.

Understand the basic concepts of performance measurement in terms of quantity, quality, cost, or time.

Calculate and interpret the need for action based on discrepancies between desired and actual performance.

Recognize the control equation and its components.

---

Definitions:

Special Order

A one-time order that is not considered part of the company’s normal ongoing business.

Opportunity Costs

The benefits a person or business foregoes by choosing one alternative over another.

Idle Capacity

Unused production capability within a manufacturing plant or business operation, often due to lack of demand or inefficiency.

Drop a Product

The decision by a company to cease the production and sale of a particular product.