Asked by Jonnel Young on Jun 05, 2024
Verified
All companies desire a low return on total assets.
Return on Total Assets
A profitability ratio measuring how efficiently a company uses its assets to generate profit.
- Understand the principle of return on total assets and analyze its constituent elements.
Verified Answer
YC
Yusmichel CanteroJun 10, 2024
Final Answer :
False
Explanation :
Companies generally desire a high return on total assets, as it indicates efficiency and profitability. A low return on total assets may suggest inefficiency or underutilization of assets.
Learning Objectives
- Understand the principle of return on total assets and analyze its constituent elements.
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