How Is Return on Risk-Adjusted Capital (RORAC) Calculated?

The return on risk-adjusted capital (RORAC) is a financial ratio that measures the return on a company’s investment after taking into account the risk associated with that investment. To calculate RORAC, the return on investment (ROI) is divided by the risk-adjusted return on capital (RAROC). RAROC is a measure of the return on an investment … Read more

Certified Financial Statement.

A certified financial statement is a document that has been prepared by a certified public accountant (CPA) and that has been reviewed and approved by a board of directors or another authorized body. This type of financial statement is typically used in situations where there is a need for a high degree of assurance regarding … Read more