What is the calculation for return on assets (ROA )? What does ROA measure?
What will be an ideal response
Return on Assets = Net income / Average total assets.
ROA measures how profitably a company uses its assets.
You might also like to view...
In most states, the statute of frauds makes oral contracts that come within its provisions ________.
A. illegal B. void C. valid D. unenforceable
Determining the transfer price as the price at which the product or service transferred could be sold to outside buyers is known as the:
A) Cost price approach B) Negotiated price approach C) Revenue price approach D) Market price approach
Which of the following would be a common measurement of successful performance for all functions of a traditional manufacturing department?
a. space b. stock out c. timing d. safety e. costs
Which of the following occurs if a company experiences a decrease in its fixed costs?
A. The break-even point would decrease. B. The contribution margin would decrease. C. The contribution margin would increase. D. Income would decrease. E. More than one of the answers would occur.