FUND  ACCOUNTING PRINCIPLES CONNECT
FUND ACCOUNTING PRINCIPLES CONNECT
25th Edition
ISBN: 9781265342395
Author: Wild
Publisher: MCG
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Chapter 15, Problem 19QS

1)

To determine

Introduction: The return on total assets demonstrates how successfully a business generates profits from its assets. Return on total assets helps the business organizations in determining whether the entity has effectively utilized its assets in relation to its earnings or not.

The return on total assets in the current year and 1 year ago.

2)

To determine

Introduction: The return on total assets demonstrates how successfully a business generates profits from its assets. Return on total assets helps the business organizations in determining whether the entity has effectively utilized its assets in relation to its earnings or not.

The efficiency of the company in utilizing its total assets in the current year.

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