Net income is used to measure the return on the firm's total assets.

Name: Net income is used to measure the return on the firm's total assets.
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Net income is used to measure the profitability of a company after all expenses, including interest and taxes, have been deducted from total revenue. It is not specifically used to measure the return on the firm's total assets. Return on assets (ROA) is calculated by dividing the net income by total assets.

Net Income Is Used to Measure the Return on the Firm's