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The return on total assets measures profitability by combining the effects of the profit margin and asset turnover. O efficiency, profitability, and liquidity. O how efficiently a company uses its assets to generate sales. O liquidity.

The return on total assets measures profitability by combining the effects of the profit margin and asset turnover. O efficiency, profitability, and liquidity. O how efficiently a company uses its assets to generate sales. O liquidity.

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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Current Attempt in Progress The return on total assets measures 4 O profitability by combining the effects of the profit margin and asset turnover. O efficiency, profitability, and liquidity. O how efficiently a company uses its assets to generate sales. O liquidity. Save for Later Attem
Transcribed Image Text:Current Attempt in Progress The return on total assets measures 4 O profitability by combining the effects of the profit margin and asset turnover. O efficiency, profitability, and liquidity. O how efficiently a company uses its assets to generate sales. O liquidity. Save for Later Attem
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