Which of the Following Is the Correct Formula for Calculating

question 187

Multiple Choice

Which of the following is the correct formula for calculating rate of return on total assets?

• A) (Net income + Interest expense) / Average total assets
• B) (Net income - Interest expense) / Average total asset
• C) (Net income - Interest expense) / Total assets
• D) Total equity / Total assets

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Definitions:

Automatization

The process by which skills and procedures are practiced until they can be performed quickly and without much conscious thought.

Asthma Development

The process by which individuals, often from a young age, begin to exhibit symptoms of asthma, a chronic respiratory condition characterized by airway inflammation and constriction.

Vaginal Delivery

The childbirth process in which the baby is born through the mother's birth canal.

City Child

A child who resides in an urban area, experiencing lifestyle and environmental factors distinct from those living in rural settings.