Rate of return on assets measures how efficiently the assets are used to earn a profit.

Name: Rate of return on assets measures how efficiently the assets are used to earn a profit.
Brand: Quizplus
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Question

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Rate of return on assets is a financial ratio that indicates the profitability of a company's assets. It measures the ability of a company to generate profits from its investments in assets. A higher rate of return on assets indicates that the assets are being used more efficiently to generate profits.

Rate of Return on Assets Measures How Efficiently the Assets