An entity’s after-tax operating income assuming that it had no debt in its capital structure (and hence, no interest expense)....

It stands for net operating profit after tax. It is an entity’s after-tax operating income assuming that it had no...

It stands for return on net assets; a profitability ratio in which only interest-bearing debt along with equity are taken...

A profitability ratio in which only interest-bearing debt along with equity are taken into account in calculation. This ratio (RONA,...

A value of beta (systematic risk measure) that is constructed artificially when market-generated betas are not available (or cannot be...