Which of these financial measures would the president of a company be happy to hear in your
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Question:
Which of these financial measures would the president of a company be happy to hear in your review with him of the company’s performance for the last 12 months?
a) The company’s return on revenue of 6% is better than the industry’s return on revenue of 7%.
b) The company’s return on total assets of 6% is better than the industry’s return on total assets of 7%.
c) The company’s return on equity of 18% is better than the industry’s return on equity of 20%...
d) The company’s return on equity of 20% is better than the industry’s return on equity of 18%.
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Posted Date: