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 retention ratio is : b = 1 â 0.25 b = 0.75 Using the internal growth rate equation to find the ROA , we get : Internal growth rate = ( ROA Ã b ) / [ 1 â ( ROA Ã b ) ] 0.075 = [ ROA ( 0.75 ) ] / [ 1 â ROA ( 0.75 ) ] ROA = 0.0930 , or 9.30 % Plugging ROA and PM into the equation we began with and solving for TAT , we get : ROA = ( PM ) ( TAT ) ...