CERTIFICATE OF ORIGIN Definition

Bookmark and Share

CERTIFICATE OF ORIGIN is a document that states where the goods were made. This document is legally required for many countries for the importation of merchandise.

Learn new Accounting Terms

EXPLICITLY is something fully and clearly expressed, i.e. leaving nothing implied.

RETURN ON ASSETS (ROA) shows the after tax earnings of assets. Return on assets is an indicator of how profitable a company is. Use this ratio annually to compare a business performance to the industry norms: The higher the ratio the greater the return on assets. However this has to be balanced against such factors as risk, sustainability and reinvestment in the business through development costs. 

Higher ROA is better, but extremely high ROA may be an indicator of vulnerability as to any sustainable competitive advantage.

Formula: Earnings After Tax (EAITDA) / Total Assets

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.