Karanovic, Goran - In: International journal of business and economic sciences … 16 (2023) 1, pp. 54-61
. Return on Assets (ROA) was used in this study as measure of financial performance. Design/methodology/approach: The paper … uses panel data fixed effects model to examine dependent variable ROA as measure of the financial performance of select … assets ratio, as well as cash to total assets had a significant impact on the ROA. Total equity, current ratio, cash to total …
