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H3Ko H3Ko
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7 years ago
The rate of return on total assets measures a company's ________.
A) success in earning high returns on investments in stocks and bonds of other companies
B) ability to repay its long-term debt
C) success in using assets to earn income
D) ability to meet its short-term obligations
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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TanksTanks
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7 years ago
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H3Ko Author
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#2
7 years ago
Really appreciate your help. Sorry for taking so long to thank you, you deserve the recognition.
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