Return on assets is:
A)Also called rate of return
B)Computed by dividing net income by beginning assets plus ending assets divided by two
C)Computed by multiplying net income by total assets
D)Used in helping evaluate expenses
E)Found on the balance sheet

Question

Quizplus · Accepted Answer

Return on assets (ROA) is computed by dividing net income by the average total assets, which is calculated as the sum of beginning assets and ending assets divided by 2.

Return on Assets Is