Question: Total asset data were provided in this problem. If you were to gather this information from an annual report, how would you measure total assets?
Total asset data were provided in this problem. If you were to gather this information from an annual report, how would you measure total assets? Describe your measurement choices and some of the pros and cons of those choices.
Most companies use the
asset balance since the income used in the ROI calculation is earned over the year.
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