What is the full form of "ROA"?

A. Return on assets

B. Rate of assets

C. Repo of analyst

D. Ratio of auditing

Answer: Option A

Solution(By Examveda Team)

Return on assets (ROA) is an indicator of how profitable a company is relative to its total assets. ROA gives a manager, investor, or analyst an idea as to how efficient a company's management is at using its assets to generate earnings.