Profitability Measures | CFA Level 1 Exam Preparation

Profitability Measures

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Question

Which is a measure of profitability?

Answers

Explanations

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A. B. C. D. E.

Explanation

Return on Assets = Net Income/Total Assets; With other things equal, firms with relatively large amounts of assets on their books (such as those in capital- intensive industries) will have low ROA figures.

By contrast, service oriented firms having small amounts of capital on their books will have higher ROA figures.