Which of the following is the correct formula for calculating rate of return on total assets?
A) (Net income + Interest expense) / Average total assets
B) (Net income - Interest expense) / Average total asset
C) (Net income - Interest expense) / Total assets
D) Total equity / Total assets
A
You might also like to view...
This denies cultural, racial, ethnic, socioeconomic, and many other valuable, insightful differences.
a. Reciprocity b. Group communication c. Assume similarity d. Social penetration theory e. Artifacts
If the exchange rates, after fees, in Tokyo are ¥1,000 = €6 = $9 and the exchange rates in Paris are €1 = $1.5 = ¥171, which of the following is most likely to occur?
A) a surge in conversion of dollars to yen in Tokyo B) a surge in conversion of euros to yen in Tokyo C) a surge in conversion of euros to dollars in Paris D) a surge in conversion of euros to yen in Paris