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Basic Question 4 of 5
According to the textbook, which ratio is the best measure of profitability?
B. Return on equity.
C. Return on assets.
A. Return on invested capital.
B. Return on equity.
C. Return on assets.
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe approaches to balance sheet modeling;
CFA® 2024 Level II Curriculum, Volume 2, Module 17.