return on investment (ROI) definition
A financial ratio that expresses the income statement effect from employing an asset as a percentage of the asset's cost on the balance sheet.
A financial ratio that expresses the income statement effect from employing an asset as a percentage of the asset's cost on the balance sheet.
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.