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bernie2981 bernie2981
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Posts: 3810
8 years ago
Which of the following is the formula for computing the rate of return on total assets?
A) (Net income + interest expense)/average total assets
B) (Net income - preferred dividends)/number of shares of outstanding common stock
C) (Net income - preferred dividends)/average common stockholders' equity
D) Net income/net sales
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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nucleinuclei
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Posts: 2158
8 years ago
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bernie2981 Author
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8 years ago
Answers my question perfectly.
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