Final answer:
A company can improve its return on assets by either increasing its income or increasing its total assets.
Step-by-step explanation:
A company can improve its return on assets by increasing its income or by increasing its total assets. If a company increases its income without increasing its total assets, it can generate higher profits and improve its return on assets. This can be achieved by increasing sales revenue, reducing costs, or implementing more efficient business practices.
On the other hand, if a company increases its total assets while maintaining its income level, it can also improve its return on assets. This can be done by acquiring new assets that are expected to generate higher profits in the future, such as new machinery or technology.