Question
If a company's ROA (return on assets) is 8 percent, then its ROE (return on equity) must be: a. None of the statements above are
If a company's ROA (return on assets) is 8 percent, then its ROE (return on equity) must be:
a. None of the statements above are correct.
b. there is no relationship between ROA and ROE.
c. less than 8 percent.
d. greater than or equal to 8 percent.
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Personal Finance Turning Money Into Wealth
Authors: Arthur J Keown
5th Edition
0136070620, 9780136070627
