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.
Sign up to view the full document. We can calculate the roa from the internal growth. This preview shows pages 10â14. Sign up to view the full content. We can calculate the ROA from the internal growth rate formula, and then use the ROA in this equation to find the total asset turnover.