Question
what benefits are derived by using methods of analyzing financial statements in terms of calculating ratios rather than the most typical method? . Specifically, Return
what benefits are derived by using methods of analyzing financial statements in terms of calculating ratios rather than the most typical method? . Specifically, Return on Assets (ROA) is a very simple calculation: ROA= Net Income/Average Total Assets.Another method that I think of is arriving at this ratio is the DuPont Equation
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Cornerstones of Managerial Accounting
Authors: Maryanne M. Mowen, Don Hanson, Dan L. Heitger, David McConomy, Jeffrey Pittman
2nd Canadian edition
978-0176721237, 978-0176530884
