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Buffalo Firm and Canyon Firm have the same total assets, sales, and net profit margin. Buffalo Firm has a higher debt ratio than Canyon Firm.

Buffalo Firm and Canyon Firm have the same total assets, sales, and net profit margin. Buffalo Firm has a higher debt ratio than Canyon Firm. Which of the following is TRUE?

A. Buffalo Firm has a higher ROA than Canyon Firm.
B. Buffalo Firm has a higher ROE than Canyon Firm.
C. Canyon Firm has a higher ROE than Buffalo Firm.
D. Canyon Firm has a higher ROA than Buffalo Firm.

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