The strategic profit model is a method for summarizing the factors found in the income statement and balance sheet that affect a firm's financial performance as measured by ________.
A) return on equity
B) inventory turnover
C) gross margin
D) cost of goods sold
E) return on assets

Question

Quizplus · Accepted Answer

The strategic profit model focuses on return on assets (ROA) by analyzing how efficiently a company uses its assets to generate earnings, incorporating elements from both the income statement and balance sheet.

The Strategic Profit Model Is a Method for Summarizing the Factors