Answered You can hire a professional tutor to get the answer.
QUESTION
8) Which of the following is the correct formula for calculating rate of return on total assets?
8) Which of the following is the correct formula for calculating rate of return on total assets?
A) (Net income - Interest expense) / Average total asset
B) Total equity / Total assets
C) (Net income + Interest expense) / Average total assets
D) (Net income - Interest expense) / Total assets
