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QUESTION 15 For a given firm with any debt greater than zero, will return on assets (ROA) or return on equity (ROE) always be larger?
QUESTION 15 For a given firm with any debt greater than zero, will return on assets (ROA) or return on equity (ROE) always be larger? [Hint: Write the equations for the two ratios side by side.] A. We need more information to answer this question. B. ROE=ROA C. ROA D. ROE
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