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Baldwin has a ROA of 0.15 (ROA = Net income/Total Assets). That means:Select: 1 Baldwin uses $0.85 of each dollar earned to purchase assets. Every
Baldwin has a ROA of 0.15 (ROA = Net income/Total Assets). That means:Select: 1
Baldwin uses $0.85 of each dollar earned to purchase assets. | |
Every dollar of Baldwin's assets result in earnings of $0.15. | |
Baldwin uses $0.15 of each dollar earned to purchase assets. | |
Every dollar of Baldwin's assets result in earnings of $0.85. |
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