# Computing and Interpreting Return on Assets - Quiz & Worksheet

Instructions:

question 1 of 3

### Which of the following is an asset for a company?

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### 2. Rinate Company Ltd has the following details available: Net Income is $123,200 Total asset valued at$258,600 Total Liabilities valued at $25300 Total Equity valued at$40000 Calculate the Return on Assets.

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This quiz and corresponding worksheet assess your understanding of ROA. Practice questions help you calculate ROA and interpret the findings.

## Quiz & Worksheet Goals

Use these assessment tools to assess your knowledge of:

• The definition of ROA
• The use of ROA
• The formula to calculate ROA
• How ROA measures a company's use of its assets

## Skills Practiced

• Making connections - use understanding of financial statements
• Interpreting information - verify that you can read information regarding what the formula of ROA and interpret it correctly
• Information recall - access the knowledge you've gained regarding ROA