What is RONA?
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Answer / anuj sharma ( ibs-g)
RONA is return on net assets. It is net revenue divided by
fixed assets plus net working assets. Higher the RONA shows
that higher the ratio higher the perfornmance of the
company.
| Is This Answer Correct ? | 15 Yes | 3 No |
Answer / stan
To clarify what another was trying to say - the ratio is net INCOME (not net revenue) divided by (FA + Net WC)
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