Which of the following statements about ROA is true?
A) ROA reflects the risk inherent in a company.
B) ROA is useful for comparing companies in different industries
C) ROA is the most important ratio for an equity investor
D) ROA is useful for determining how the company financed its assets

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements about ROA is true?
A) ROA reflects the risk inherent in a company.
B) ROA is useful for comparing companies in different industries
C) ROA is the most important ratio for an equity investor
D) ROA is useful for determining how the company financed its assets

Which of the Following Statements About ROA Is True