Return on assets (ROA)is useful in evaluating management,analyzing and forecasting profits,and planning activities.

Name: Return on assets (ROA)is useful in evaluating management,analyzing and forecasting profits,and planning activities.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

ROA is a widely used financial ratio to measure how efficiently a company is using its assets to generate earnings. It helps in evaluating management decisions, predicting future profits, and planning future business activities.

Return on Assets (ROA)is Useful in Evaluating Management,analyzing and Forecasting