Is the statement Return on assets is a better measure of profitability than profit margin true or

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Is the statement “Return on assets is a better measure of profitability than profit margin” true or false and why?

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Principles of Accounting

ISBN: 978-1133626985

12th edition

Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson

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Question Posted: Mar 26, 2014 08:02 AM

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Is the statement Return on assets is a better measure of profitability than profit margin true or

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The statement is false because neither measure is better ...View the full answer

Principles of Accounting

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