Return on Assets is a valuable financial measurement because it indicates how profit margin, asset turnover, and the equity multiplier affect a companies return. True or False?

True

Explanation:

Return on assets (ROA) is she valuable measure in assessing the effectiveness of company management in utilizing company capital. It is calculated

ROA=

Total Assets/

Net Income

where:

Total Assets=Shareholder Equity+Liabilities

Return on assets is closely related to return on equity as they are both almost used for same purpose which is measuring management's effectiveness in capital utilization. Return on equity differs from return on assets by the inclusion or exclusion of the debt factor in calculating them.

The relationship between ROA and ROE is demonstrated in DuPont formula which is given

ROE=profit margin*asset turnover*shareholder equity

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number

commercial banking

provide online payment services

provide online banking

asset management firms

invest in people's funds in securities

accept tax return refunds