Indicate the type of each ratio listed below.
-Return on assets ratio
A)liquidity ratio
B)solvency ratio
C)profitability ratio

Name: Indicate the type of each ratio listed below. -Return on assets ratio A)liquidity ratio B)solvency ratio C)profitability ratio
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Question

Quizplus · Accepted Answer

The return on assets ratio measures how efficiently a company is using its assets to generate profit. This is a profitability ratio, as it helps determine the company's ability to generate earnings.

Indicate the Type of Each Ratio Listed Below