What is the calculation for return on assets (ROA)? Explain what ROA measures.

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Horngrens Financial and Managerial Accounting

ISBN: 978-0133255584

4th Edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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Question Posted: Apr 03, 2015 09:42 AM

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What is the calculation for return on assets (ROA)? Explain what ROA measures.

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In ratio analysis return on assets is a type of profitability ...View the full answer

Horngrens Financial and Managerial Accounting

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