Describe the differences between Return on Net Operating Assets (RNOA) and Return on Common Equity (ROCE).
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Question Description
I need an explanation for this Accounting question to help me study.
Describe the differences between Return on Net Operating Assets (RNOA) and Return on Common Equity (ROCE). Include your opinion on which metric is more beneficial to financial statement analysis. Be sure to comment beyond discussing the formula for computing the two ratio
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