Return on assets is a fraction with a company’s profits in the numerator and a company’s total assets in the denominator. If a company has $1 billion in assets and $100 million in profits in a year, they have a 10% return on assets in that year.
Aug 4, 2022
Return on assets is a fraction with a company’s profits in the numerator and a company’s total assets in the denominator. If a company has $1 billion in assets and $100 million in profits in a year, they have a 10% return on assets in that year.
