Which of the Following Formulae Is Used to Calculate Average

question 122

Multiple Choice

Which of the following formulae is used to calculate average total assets for the return on assets ratio?

• A) Average total assets = (Beginning total assets + Ending total assets) × 2
• B) Average total assets = (Beginning total assets - Ending total assets) × 2
• C) Average total assets = (Beginning total assets - Ending total assets) / 2
• D) Average total assets = (Beginning total assets + Ending total assets) / 2

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Definitions:

Broker

A person or entity that acts as an intermediary, facilitating transactions between two or more parties.

Housing

The creation and allocation of living spaces for individuals and families, considered essential for well-being and social stability.

Treatment Groups

Groups formed with the purpose of providing therapy, support, or interventions to individuals sharing common issues or conditions.