Multiple Choice
Operating Income / Average Assets = _______________
A) Quick ratio
B) Asset turnover ratio
C) Rate of return on total assets (ROA)
D) Rate of return on equity (ROE)
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q7: Which ratio is of greater interest to
Q8: A high Debt/Equity ratio (D/E ratio) indicates
Q9: Inventory turnover calculates the number of times,
Q10: In?come-statement ratios provide information on current operating
Q11: Net Sales / Average accounts receivable =
Q13: List and explain three of the limitations
Q14: How does the cash budget help the
Q15: Cost of Goods Sold / Average Inventory
Q16: "Other" budgetary considerations include:<br>A) Payroll budgets<br>B) Advertising
Q17: The Debt/Asset ratio is a measure of