Return on assets is calculated as net income divided by ending total assets.Return on assets is calculated as net income divided by average total assets.

Name: Return on assets is calculated as net income divided by ending total assets.Return on assets is calculated as net income divided by average total assets.
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Question

Quizplus · Accepted Answer

Return on assets is calculated as net income divided by average total assets to account for fluctuations in the amount of assets throughout the year instead of only at the end of the year.

Return on Assets Is Calculated as Net Income Divided by Ending