The return on assets is calculated by ________
A) subtracting net income from average total assets
B) adding net income and average total assets
C) dividing net income by average total assets
D) multiplying net income and average total assets
C
You might also like to view...
Connectors tend to seek out marketers who
A) purchase significant amounts of advertising time and space. B) will bribe them. C) act as resources. D) do not follow-up regularly. E) they do not know.
The sales for January, February, and March are $2,000, $6,000 and $10,000, respectively
For any particular month of sales the following percentages are received over time in cash for any given month: 50% in cash from that same month of sales; 30% in cash from the previous month's sales; and 20% in cash from the sales from two months ago. What amount of cash will be received during March? A) $8,200 B) $7,600 C) $7,200 D) $6,600