MCQs>Finance & Management>ACCA Financial Management>(excess of revenues over expenses/total assets)- A measure of how much profit is earned for each dollar invested in assets. In for-profit organizations it is called return on assets and is calculated as: net income/assets.
ACCA Financial Management MCQs
(excess of revenues over expenses/total assets)- A measure of how much profit is earned for each dollar invested in assets. In for-profit organizations it is called return on assets and is calculated as: net income/assets.
Answer
Correct Answer: Return on total assets
Explanation:
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