Which of these financial measures would the president of a company be happy to hear in your review with him of the company's performance for the last 12 months?
A) The company's return on revenue of 6% is better than the industry's return on revenue of 7%.
B) The company's return on total assets of 6% is better than the industry's return on total assets of 7%.
C) The company's return on equity of 18% is better than the industry's return on equity of 20%...
D) The company's return on equity of 20% is better than the industry's return on equity of 18%.
Correct Answer:
Verified
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