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The return on assets calculator is created to help you determine if you are wisely using the assets that are controlled by your business. The calculation is made in several steps. The first step is to determine your average inventory for the past year. Enter in the ending inventory for each of the past 12 months. The second step is to total your operating expenses for a 12 month period. Do that in the "Annual Operating Expenses" section. The third section is where you input the amount of assets at year end. After that you input your cash sales and charge sales. Charge sales are not bank card sales, but are from 'house' or corporate charge accounts. The input of 'cost of goods sold' should be from a year end profit and loss statement. Miscellaneous business income is often for income from investments, dividends from buying groups, or rent collected for space that is provided to other businesses. PROFITS PLUS, FOUNDER OF...
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AUGUST 2026
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With over 25 years of frontline experience Tom Shay is America's leading Small Business Management Expert. He's a "Must Have" for your next event.
Small Business
The July Advisory pushes further into the skill of being a masterful salesperson. In your small business, do you have salespeople or just people that take orders and ring up sales?
Small Business
GUEST - While some businesses use that word in place of saying "customer", we share how the word can separate your business from others businesses.
When you were young, did you ever have someone tell you to not get an attitude? The article of the month tells of the right way to have an attitude that can help your business.
Dream Manager - Every person who comes to a new job has a dream of what that job can do for them. Are you helping your employees with fulfilling their dream?
All this plus the Internet Tool for Your Business and a staff incentive idea for your business.
