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Digby has a ROA of 0.12 (ROA = Net income/Total Assets). That means: Select : 1 Every dollar of Digby's assets result in earnings of
Digby has a ROA of 0.12 (ROA = Net income/Total Assets). That means:
Select : 1
- Every dollar of Digby's assets result in earnings of $0.12.
- Every dollar of Digby's assets result in earnings of $0.88.
- Digby uses $0.12 of each dollar earned to purchase assets.
- Digby uses $0.88 of each dollar earned to purchase assets.
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