accounting rate of return definition
An indicator of profitability that is measured by dividing the accounting net income by the amount invested.
An indicator of profitability that is measured by dividing the accounting net income by the amount invested.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.