Define the return on total assets and explain how it is used to measure a company's financial performance.
What will be an ideal response?
The return on total assets is calculated by dividing net income by average total assets. It can be computed by multiplying the profit margin ratio and total asset turnover. The return on total assets reflects a company's ability to use its assets to make a profit. It can also be used to assess a company's performance compared to competitors.
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When marketing mangers see that the sales curve has flattened out and few new buyers are in the market, they know that they are in this stage of the product life cycle. Identify the stage
A) introduction stage B) growth stage C) maturity stage D) decline stage
The title should be very brief; it does not need to communicate what the report is about; the reader will have the full report to accomplish this goal. Rather, titles serve to identify one report from another
Indicate whether the statement is true or false
Using the following transactions, calculate (a) the ending balance of Cash, (b) the ending balance of Accounts Receivable, (c) total liabilities, and (d) net income for the period
a. Opened business by issuing common stock for $20,000. b. Billed customers for services rendered, $4,000. c. Paid for six months' subscription in advance, $1,000. d. Received advertising bill, to be paid next week, $200. e. Dividends of $1,600 were declared and paid. f. Received $3,000 from customers billed in b. g. Paid half of advertising bill. h. Received $400 in advance of performing a service.
Of the five major types of power, ________ power is derived from the respect or admiration one commands because of attributes like personality, integrity, and interpersonal style.
Fill in the blank(s) with the appropriate word(s).