The return on assets is equal to the: a. Profit margin plus asset turnover. b. Profit margin

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The return on assets is equal to the:

a. Profit margin plus asset turnover.

b. Profit margin minus asset turnover.

c. Profit margin times asset turnover.

d. Profit margin divided by asset turnover.

Related Book For answer-question

Using Financial Accounting Information The Alternative to Debits and Credits

ISBN: 978-1133161646

7th Edition

Authors: Gary A. Porter, Curtis L. Norton

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Posted Date: Mar 30, 2020 10:30 AM

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The return on assets is equal to the: a. Profit margin plus asset turnover. b. Profit margin

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Using Financial Accounting Information The Alternative to Debits and Credits

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