11 a Return on assets measures the efficiency with which management: Generates earnings from the...

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Accounting

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11 a Return on assets measures the efficiency with which management: Generates earnings from the assets under its control, regardless of how these assets are financed. b Generates earnings from the assets under its control, giving consideration to any costs of financing these assets. Generates cash from the assets under its control, regardless of accrual- based measures of profitability. d Converts its current assets into cash

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