Return on Assets Is a Better Measure of Profitability Than

question 81

True/False

Return on assets is a better measure of profitability than profit margin because it takes into account the assets invested in the business.

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Definitions:

Modern State

An organized political entity with a defined territory, government, and the capability to enter into relations with other states.

Social Stratification

describes the hierarchical arrangement of individuals in society based on wealth, power, race, education, ethnicity, gender, and other factors.

Archaic

Pertaining to an earlier period of time, often used to describe ancient civilizations or outdated language.