Return on Assets= EBIT/ total asset*100
On Sun, Mar 6, 2011 at 6:13 PM, mc070401688 mc070401688 <mc070401688@vu.edu.pk> wrote:
what is the correct formula for return on asset= net income before taxes/total assetsor net income after taxes/total assets--
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mirza muhammad masoodmc070401688
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Muhammad Umer Majeed
MBA(Finance)4th Semester
Faisalabad.
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