Genius

The return on assets is calculated by dividing net income by total assets

The return on assets is calculated by dividing net income by total assets



TRUE OR FALSE:
	1.	Goodwill is classified as a natural resource.

	2.	The cost of internally generated goodwill is amortized, whereas the cost of purchased goodwill is not.

	3.	All research costs should be capitalized and certain development costs with reasonably assumed benefits should be expensed.

	4.	It is not necessary to disclose the amount of accumulated amortization in the financial statements.

	5.	The return on assets is calculated by dividing net income by total assets.





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20 Apr 2016

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  1. Genius

    The return on assets is calculated by dividing net income by total assets

    The return on assets is calculated by dividing net income by total assetsThe return on ****** ******
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