Answered

Westonci.ca is the premier destination for reliable answers to your questions, brought to you by a community of experts. Get immediate and reliable answers to your questions from a community of experienced professionals on our platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

Multiple Choice Question:

A measure of performance that tells a firm whether they are doing as well as their competitors in generating income from sales is called:

A. Return on Sales
B. Earnings Per Share
C. The Current Ratio
D. Return on Equity

Sagot :

GinnyAnswer

Final answer:

Return on Equity (ROE) measures a firm's income generation efficiency compared to competitors.


Explanation:

Return on equity (ROE) is a performance measure that indicates how well a firm is generating income from sales compared to its competitors. It is calculated by dividing net after-tax profit by equity. A higher ROE signifies better performance in utilizing equity to generate profits.


Learn more about Return on Equity (ROE) here:

https://brainly.com/question/30403915


We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.