Return-on-net-assets


noun, Accounting.
1.
the amount of profit computed by dividing net income before interest and taxes by the cost of net assets, usually expressed as a percentage.
Abbreviation: RONA.

Read Also:

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    Also, return the favor. Repay someone in kind, as in Her political opponent came out with a smear campaign, and she returned the compliment. Neither the compliment nor the favor in this idiom is necessarily desirable. [ First half of 1700s ]

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    Come back to a group after an absence, as in Matthew taught for a number of years, but now he’s returned to the fold as vice-president of the firm. This term employs fold in the sense of “an enclosure for sheep,” which has been used figuratively since the first half of the 1300s.


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