firm's profit objective is often measured in terms of ROA.The acronym ROA stands for __________.
A) return on assets
B) risk opportunity assessment
C) return of allowances
D) return on average equity
E) risk opportunity analysis

Question

Quizplus · Accepted Answer

ROA stands for return on assets, which is a financial metric used to measure a company's profitability by assessing how efficiently it utilizes its assets to generate profits. The higher the ROA, the more profitable the company is considered to be.

Firm's Profit Objective Is Often Measured in Terms of ROA