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The Return on Total Assets (ROA) Is an Activity Ratio

question 119

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The return on total assets (ROA) is an activity ratio that is the percentage returned to investors on total assets.

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Definitions:

Privative Clause

Terms in a statute that attempt to restrict the right of judicial review

Administrative Tribunal

is a government body that makes judicial decisions on administrative matters, often related to public services or benefits.

Charter of Rights and Freedoms

A foundational document in Canadian law that guarantees fundamental freedoms and rights to its citizens.

Parliamentary Supremacy

The principle that the primary law-making body is Parliament or the provincial legislatures in their respective jurisdictions, and that statutes take priority over the common law.

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