The return on total assets measures A. profitability by combining the effects of the profit margin and asset turnover. B.how efficiently a company uses its assets to generate sales. C.efficiency, profitability, and liquidity. D.liquidity.

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
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The return on total assets measures

A. profitability by combining the effects of the profit margin and asset turnover.
B.how efficiently a company uses its assets to generate sales.
C.efficiency, profitability, and liquidity.
D.liquidity.
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