Return on assets reflects a company's ability to generate profit through productive use of its assets.

Name: Return on assets reflects a company's ability to generate profit through productive use of its assets.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. Return on assets measures the profitability of a company by calculating the amount of net income generated per dollar of assets. It indicates how efficiently a company is utilizing its assets to generate profits.

Return on Assets Reflects a Company's Ability to Generate Profit