A more comparable measure of profitability than income is return on assets, which equals net income divided by average total assets.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Native American tribes and tax-exempt private clubs are expressly excluded from Title VII of the Civil Rights Act of 1964
Indicate whether the statement is true or false
Johnson Repair Service had net income for the year of $125,000. In addition, the balance sheet reports the following balances:
Jan. 1, 2016 Dec 31, 2016 Accounts Receivable $ 5,600 $ 14,200 Accounts Payable 12,000 9,500 Building 125,000 125,000 Cash 37,500 35,000 Office Furniture 25,000 50,000 Office Supplies 3,200 1,500 Notes Payable 60,000 75,000 Total Stockholders' Equity 124,300 141,200 Calculate the return on assets (ROA ) for Johnson Repair Service for the year ending December 31, 2016. What will be an ideal response
The content of a job refers to the worth of the job and its relative contribution to the organization's objectives.
Answer the following statement true (T) or false (F)
With respect to types of information systems used in organizations, an inventory management and planning system is an example of a(n) ________ system
A) geographic planning B) management information C) electronic commerce D) virtualization E) social software