What is the full form of "RONA"?
A. Ratio of Net Assets
B. Revenue of National Accounting
C. Return on Net Assets
D. Rate of Net assests
Answer: Option C
Solution (By Examveda Team)
Return on net assets (RONA) is a measure of financial performance calculated as net profit divided by the sum of fixed assets and net working capital. Net profit is also called net income.This Question Belongs to Abbreviations >> Finance Abbreviations
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