We Calculate Cash Return on Assets as

question 105

Multiple Choice

We calculate cash return on assets as

• A)The change in cash divided by average total assets.
• B)Net cash flows from operating activities divided by average total assets.
• C)The change in cash divided by ending total assets.

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Definitions:

Equivalent Units

A method used in cost accounting to express the amount of work done on incomplete units in terms of fully completed units.

First-in

A term indicating the prioritization or usage of resources, often in the context of inventory management.

Materials

Raw substances or components that are converted through the manufacturing process into finished goods.

Equivalent Units

A method in process costing that transforms units that are incomplete into an equivalent number of units that are considered fully completed.