Explain the return-on-assets ratio. Why is it a fundamental measure of profitability?

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Intermediate Accounting Volume 2

ISBN: 9780071091312

5th Edition

Authors: Thomas H. Beechy

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Question Posted: May 12, 2024 01:00 AM

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Explain the return-on-assets ratio. Why is it a fundamental measure of profitability?

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The returnonassets ROA ratio is a financial metric used to evaluate a companys profitability and eff...View the full answer

Intermediate Accounting Volume 2

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