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Basic Question 10 of 10

According to the authors, which ratio is the best measure of profitability?

A. Return on invested capital.
B. Return on equity.
C. Return on assets.

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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

Learning Outcome Statements

demonstrate the development of a sales-based pro forma company model

CFA® 2024 Level I Curriculum, Volume 3, Module 12.