A business's return on assets is ________.
A)net profit multiplied by assets
B)net profit divided by assets multiplied by 100%
C)assets divided by net profit
D)net marketing contribution divided by assets
E)net marketing contribution multiplied by assets

Question

Quizplus · Accepted Answer

Return on assets is typically calculated by dividing a company's net profit by its total assets, and then multiplying by 100% to express the answer as a percentage. This formula shows how efficiently a business uses its assets to generate profit.

A Business's Return on Assets Is ________