Which of the following is not used in determining a company's profitability on assets?
A) return on assets
B) debt ratio
C) operating profit margin
D) total asset turnover

Question

Quizplus · Accepted Answer

Debt ratio is a measure of a company's financial leverage and does not directly relate to its profitability on assets. The other options (return on assets, operating profit margin, and total asset turnover) are commonly used in determining a company's profitability on assets.

Which of the Following Is Not Used in Determining a Company's