The return on average assets (ROAA) is:
A) the net income generated during the period under review divided by the total assets at the end of the period considered.
B) the net income generated during the period under review divided by the total assets at the beginning of the period considered.
C) the average net income generated during the period under review divided by the total assets at the end of the period considered.
D) the net income generated during the period under review divided by the average total assets over the period considered.
Correct Answer:
Verified
Q24: Which of the following is NOT a
Q25: Which of the following statements is NOT
Q26: Banks became increasingly involved in the securitisation
Q27: Which of the following is NOT an
Q28: Transactions accounts:
A)pay high interest rates.
B)have a maturity
Q30: Which of the following features make a
Q31: Which of the following is NOT a
Q32: In order to survive,banks have to balance
Q33: Which of the following is NOT one
Q34: Which of the following is NOT a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents