FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
Which of the following is NOT correct regarding the
a. |
The rate of return on assets measures management’s ability to productively employ all its resources. |
b. |
The rate of return on assets measures the return on all assets used regardless of how the assets are financed. |
c. |
The rate of return on assets is a measure of profitability. |
d. |
The rate of return on assets measures the return on the investment made by the owners of the entity. |
is B the correct answer?
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