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In 2019 company?s profitability was 8% and its sales/assets was 1.5 and its debt/equity ratio was 25%. In 2020 the company?s profitability is 7.5% and
In 2019 company?s profitability was 8% and its sales/assets was 1.5 and its debt/equity ratio was 25%. In 2020 the company?s profitability is 7.5% and its sales/assets was 1.7 and its debt/equity ratio is 30% Which pair of statements is true?
ROA rose and ROE rose
ROA fell and ROE fell
ROA is unchanged and ROE fell
ROA is unchanged and ROE rose
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