A 9% rate of return on total assets means that the company earned $0.09 for each $1.00 invested in the company's average long-term assets.

Name: A 9% rate of return on total assets means that the company earned $0.09 for each $1.00 invested in the company's average long-term assets.
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A 9% rate of return on total assets means that the company earned $0.09 for each $1.00 invested in the company's average total assets.

A 9% Rate of Return on Total Assets Means That