The R__________ on Total Assets Is a Profitability Ratio Calculated

question 10

Short Answer

The r__________ on total assets is a profitability ratio calculated by the formula,profit before income tax and finance costs dividing by average total assets.

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Definitions:

Fiscal Policy

Government policies related to taxation and spending that aim to influence economic conditions.

Political Compromises

Agreements reached by conflicting parties in which concessions are made by all involved to achieve a mutual solution.

Inflationary Gap

The situation where the total demand in an economy exceeds the total supply, leading to higher prices and inflation.

Equilibrium GDP

Equilibrium GDP is the level of output where aggregate demand matches aggregate supply, resulting in a stable economy without tendencies to change.