Indicate the type of each ratio listed below.
-Return on total assets ratio
A)Liquidity Ratio
B)Leverage Ratio
C)Profitability Ratio

Name: Indicate the type of each ratio listed below. -Return on total assets ratio A)Liquidity Ratio B)Leverage Ratio C)Profitability Ratio
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Question

Quizplus · Accepted Answer

The return on total assets ratio is a profitability ratio that measures how efficiently a company is utilizing its assets to generate profits. It is expressed as a percentage and is calculated by dividing net income by total assets.

Indicate the Type of Each Ratio Listed Below