Answered

Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Discover precise answers to your questions from a wide range of experts on our user-friendly Q&A platform. Get quick and reliable solutions to your questions from a community of experienced experts on our 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


Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.