Which of the following is the alternative definition of total assets available minus the sum of idle assets and assets purchased for future expansion?
A)The minimum ROS.
B)Stockholder's equity.
C)Total assets available.
D)Total assets employed.
E)Total assets employed minus current liabilities.

Question

Quizplus · Accepted Answer

Total assets employed is the amount of assets being actively used in the business, which excludes idle assets and assets purchased for future expansion.

Which of the Following Is the Alternative Definition of Total