Asked by
ajeng ellyawan
on Oct 16, 2024Verified
Return on assets is often stated in ratio form as the amount of average total assets divided by revenue.
Return On Assets
A financial ratio indicating the profitability of a company relative to its total assets, measuring efficiency in generating earnings.
Ratio Form
A mathematical expression that represents the relationship between two numbers or variables as a fraction.
Average Total Assets
A financial metric that represents the average value of all a company's assets over a specified period.
- Identify the calculation and interpretation of return on assets.
Verified Answer
SK
Learning Objectives
- Identify the calculation and interpretation of return on assets.
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