An Action May Be Unethical but Legal

question 50

True/False

An action may be unethical but legal.

---

Definitions:

Performance

Refers to the act of carrying out or accomplishing an action, task, or function.

Profit Margin

A financial metric that calculates the percentage of profit derived from revenue after all expenses are subtracted.

Total Asset Turnover

An indicator of how efficiently a firm employs its assets to yield sales revenue.

Return on Total Assets

A profitability ratio that measures the net income produced by the total assets of a company during a period, indicating how efficiently a company uses its assets to generate earnings.