Question: what does a return on asset 12.5% represent? A. the company generates a profit of $12.5 for every $1 in sales B. The company generates
what does a return on asset 12.5% represent?
A. the company generates a profit of $12.5 for every $1 in sales
B. The company generates $1 in profit for every 12.5 in total assets
C. The company generates a profit of $12.5 for every $100 in total assets
D. The company generates $12.5 for every $1 in equity
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