The Return on Assets Is Calculated by ________

question 143

Multiple Choice

The return on assets is calculated by ________.

• A) subtracting net income from average total assets
• B) adding net income and average total assets
• C) dividing net income by average total assets
• D) multiplying net income and average total assets

---

Definitions:

Policy Cover

The extent of protection provided by an insurance policy against specific risks or occurrences.

Theft

In criminal law, knowingly taking or obtaining control over the property of another without consent, using deceit, threats, or coercion.

Binder

An oral or a written memorandum of an agreement for insurance intended to provide temporary insurance coverage until the policy is formally accepted.

Insurance Coverage

The protection provided by an insurance policy against financial loss or damage, specifying what types of loss are compensated.