1
Introduction:
Return on total assets: The return on total assets is a ratio that determines the proportion in which the net income is earned by the corporation for each dollar of total assets employed.
The return on total assets.
2.
Introduction:
Return on total assets: The return on total assets is a ratio that determines the proportion in which the net income is earned by the corporation for each dollar of total assets employed.
Importance of computing the above ratio.
3.
Introduction:
Return on total assets: The return on total assets is a ratio that determines the proportion in which the net income is earned by the corporation for each dollar of total assets employed.
The two components of return on total asset.
4
Introduction:
Return on total assets: The return on total assets is a ratio that determines the proportion in which the net income is earned by the corporation for each dollar of total assets employed.
The importance of profit margin and assets turnover for the users.
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FINANCIAL ACCT.FUND.(LOOSELEAF)
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- MULTIPLE CHOICE. Choose the best answer among the following choices. 6. The financial statements should be stated in terms of a common financial denominator. A. Accrual B. Going Concern C. Time Period D. Stable Monetary Unit 7. The principle of objectivity includes the concept of A. Summarization B. Verifiability C. Classification D. Conservatism 8. The financial accounting information is directed toward the common needs of users and is independent of presumptions about particular needs and desires of specific users. A. Completeness B. Verifiability C. Relevance D. Neutrality 9. The attribute of relevance include ALL EXCEPT: A. Predictive value B. Feedback value C. Materiality D. Neutrality 10. The assumption that an entity will continue to operate for the foreseeable future is called A. Accrual basis B. Comparability C. Going concern D. Cash basisarrow_forwardMeaning of accounting principles with examples: i. Money measurement conceptii. Dual aspect concept iii. Objectivityiv. Historical costarrow_forwardExplain the following measurement bases of the elements of financial statements and indicate how assets and liabilities are measured in each case: 1. Historical cost 2. Current cost 3. Realisable valuearrow_forward
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- a. List the four types of financial statements b.Describe the interrelationshipbetween balance sheet and the income statementarrow_forwardThe reporting of accounting theory is related to ........ Select one : a . Principles b . Regulation c . Financial Information d . Hypothesisarrow_forwardDiscuss the impact of the following ratios and usefulness to users of financial statements. Gross profit Margin Return on capital employed Operating profit (PBIT) percentage Asset turnover Gearing ratioarrow_forward
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