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Exhibit 12-5
The following information regarding a dependent variable Y) and an independent variable X) is provided.
-Refer to Exhibit 12-5. The coefficient of determination is
Asset Turnover Ratio
A financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue.
Return On Total Assets
A financial ratio that measures the efficiency of a company's assets in generating profit, calculated by dividing net income by total assets.
Earnings Per Share
A financial metric that measures the profitability of a company on a per-share basis, calculated by dividing the company's net income by its total number of outstanding shares.
Return On Total Assets
A financial ratio that measures a company's profitability relative to its total assets.
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