Other 30-something-unit, inner-city Portland apartment complexes have sold consistently for approximately $3 million, according to research by Winkler and Dupont. UDP purchased its Southeast Division property in May 2011 for $645,000, according to Portlandmaps.
What is 'Return On Average Assets - ROAA'. Return on average assets (ROAA) is an indicator used to assess the profitability of a firm's assets, and it is most often used by banks and other financial institutions as a means to gauge financial performance. ROAA is calculated by taking net income and dividing it by average total assets.
The Return On Assets Calculator can calculate the return on assets ratio of any company if you enter in the net income and the total assets of the company. The return on assets (ROA) ratio is a handy way to measure the profitability of a business based on a relation to their total amount of assets.