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  3. Study Set
    Financial Accounting for MBAs
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    Exam 4: Analyzing and Interpreting Financial Statements
  5. Question
    The Only Difference Between Return on Assets (ROA) and Return
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The Only Difference Between Return on Assets (ROA) and Return

Question 21

Question 21

True/False

The only difference between return on assets (ROA) and return on net operating assets (RNOA) is that the denominator in RNOA is typically smaller than the denominator in ROA because the former is net of operating liabilities.

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