Which formula calculates the return on assets ratio? a. (Net Income + Discontinued Operations)/Average Assets b. Net Income/Average Total Assets c. (Net Income + Income Tax Expense)/Average Assets d. Income from Continuing Operations/Average Assets. Answer this financial Accounting MCQ.

Which formula calculates the return on assets ratio? a. (Net Income + Discontinued Operations)/Average Assets b. Net Income/Average Total Assets c. (Net Income + Income Tax Expense)/Average Assets d. Income from Continuing Operations/Average Assets. Answer this financial Accounting MCQ.

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter4: Balance Sheet: Presenting And Analyzing Resources And Financing

Section: Chapter Questions

Problem 14E

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