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RONA - Return on Net Assets
RONA is one bottom-line measurement showing performance relative to strategic goals and objectives. More and more successful companies are utilizing RONA measurement. It provides an apples-to-apples comparison of performance that is understood by non-financial professionals.
Calculated as: RONA = Net Income /(Fixed Assets + Net Working Capital)
Interpretation: The higher the return, the better the profit performance for the company.
[Category=Data Quality ]
Source: iSixSigma, 21 February 2011 07:57:42, https:web.archive.org/web/20111109014246/http:www.isixsigma.com/index.php?option=com_glossary
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