Question Mode

Multiple Choice Question

Gosling Corporation had a return on asset ratio of $4\%$ in $20$X$1$ and $9\%$ in $20$X$2.$ This change in return on assets can be interpreted as

Multiple choice question.

Gosling acquired more assets in $20$X$2$ while sales remained constant.

Gosling's profitability is reduced relative to total assets.

Gosling is using its assets more effectively to earn income.