Question: Return on total assets (ROA) is equal to __________. net profit margin X total asset turnover [earnings available for common stockholders / sales] X [sales
Return on total assets (ROA) is equal to __________.
| net profit margin X total asset turnover | ||
| [earnings available for common stockholders / sales] X [sales / total assets] | ||
| earnings available for common stockholders / total assets | ||
| all of the above |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
