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This question belongs to Abbreviations Finance Abbreviations

Finance Abbreviations

?

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 & Solution

Correct Answer: Option C

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.

Question posted by Examveda

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