FINANCE QN

Which of the statement(s) below is(are) INCORRECT?

I. ROE can be greater than ROA

II. ROE can be equal to ROA

III. ROA can be greater than ROE

X A: I only

X B: II only

X C: III only

X D: All of the statements I, II, and III are correct

X E: All of the statements I, II, and III are incorrect

Kindly Choose correct option (A, B, C, D or E) with correct explanation.