Return on assets can be stated as which of the following?
A) net after-tax profit divided by total assets
B) net profit margin times asset turnover
C) net cash flow divided by total assets
D) both a and b
E) both a and c

Question

Quizplus · Accepted Answer

Return on assets (ROA) can be calculated using either net after-tax profit divided by total assets or by multiplying net profit margin by asset turnover.

Return on Assets Can Be Stated as Which of the Following