Question
ROA = NET INCOME / AVG TOTAL ASSETS or as Sam Walton then developed and used to create one of the greatest retail giants in
ROA = NET INCOME / AVG TOTAL ASSETS or as Sam Walton then developed and used to create one of the greatest retail giants in the world: ROA = PROFIT MARGIN x ASSET TURNOVER Can you now explain this, what does this mean to the founder who creates this incredible company?
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Governmental Accounting Auditing And Financial Reporting
Authors: Michele Mark Levine, Todd Buikema
10th Edition
0891250107, 978-0891250104
