Understanding Return on Net Assets.

The return on net assets (RONA) is a financial ratio that measures a company’s profitability by dividing its after-tax operating income by its book value of total assets. The return on net assets is a useful metric for evaluating a company’s overall profitability, as it takes into account not only a company’s operating income, but … Read more

What is the SAP program?

SAP or SAP ERP is a resource planning software of a company in which certain functions of an organization are incorporated so that it can be integrated and serve as help. Among some of the processes that are included in this software, we can highlight: operations (distribution and sales, material management, production planning, etc); the … Read more