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The return on investment measure of performance: Multiple Choice О is calculated by dividing average total assets for a period by the amount of net income for the period. О is calculated using net income as the amount of return. О relates dividends paid to the company's average total assets. О is never as important a measure of management effectiveness as the amount of net income.

The return on investment measure of performance: Multiple Choice О is calculated by dividing average total assets for a period by the amount of net income for the period. О is calculated using net income as the amount of return. О relates dividends paid to the company's average total assets. О is never as important a measure of management effectiveness as the amount of net income.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The return on investment measure of performance: Multiple Choice О is calculated by dividing average total assets for a period by the amount of net income for the period. О is calculated using net income as the amount of return. О relates dividends paid to the company's average total assets. О is never as important a measure of management effectiveness as the amount of net income.
Transcribed Image Text:The return on investment measure of performance: Multiple Choice О is calculated by dividing average total assets for a period by the amount of net income for the period. О is calculated using net income as the amount of return. О relates dividends paid to the company's average total assets. О is never as important a measure of management effectiveness as the amount of net income.
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