Return on total assets
Revision as of 18:57, 28 October 2019 by Gary (talk | contribs) (Created page with "Return on total assets (also known by its acronym, ROA) is the ratio of net income to total assets. ==Definitions== According to Financial Management Theory and Pr...")
Return on total assets (also known by its acronym, ROA) is the ratio of net income to total assets.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Return on total assets (ROA). The ratio of net income to total assets.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
