Asked by
agyei ebenezer
on Oct 28, 2024
Verified
The return on assets ratio may increase when sales increase.
Return on Assets Ratio
A measure of profitability that indicates how efficiently a company is using its assets to generate earnings.
- Comprehend the principle and computation of financial ratios, along with their significance in the analysis of financial statements.
Verified Answer
TZ
Learning Objectives
- Comprehend the principle and computation of financial ratios, along with their significance in the analysis of financial statements.
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