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If the Return on Assets (ROA) from a companys assets is 8.7%, what does that mean? A. It means for every $100 in assets, a

If the Return on Assets (ROA) from a companys assets is 8.7%, what does that mean?

  • A. It means for every $100 in assets, a company generates $8.70 in revenue.

  • B. It means that from year-to-year, the company has increased its total asset by 8.7%.

  • C. It means that for every $100 of assets, the company is producing $8.70 of net profit.

  • D. It means for every $100 in revenue, the company is generating $8.70 of net profit.

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