Basic definition of Return on Assets(ROA)?

or:Basic definition of Return on Assets(ROA)?or:Return on assets (ROA) is an indicator of how profitable a company is relative to its total assets. R

or:Basic definition of Return on Assets(ROA)?

or:Return on assets (ROA) is an indicator of how profitable a company is relative to its total assets. ROA gives an idea as to how efficient management is at using its assets to generate earnings. Calculated by dividing a company's annual earnings by its total assets, ROA is displayed as a percentage.

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