Asked by
Carl Andrei Brigoli
on Nov 13, 2024
Verified
The denominator of the return on total assets ratio is the average total assets.
Return
In finance, it refers to the profit or loss derived from an investment over a certain period of time, expressed as a percentage of the initial investment.
Total Assets
The sum of all current and non-current assets owned by a company, providing a comprehensive view of its financial health.
- Discern and expound on the value of various financial ratios in the appraisal of a company's financial condition.
Verified Answer
EN
Learning Objectives
- Discern and expound on the value of various financial ratios in the appraisal of a company's financial condition.
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