Question Mode

Multiple Choice Question

What does it mean when a company reports ROA of $12$ percent?

Multiple choice question.

The company generates $$12$ in net income for every $$100$ of debt.

The company generates $$12$ in sales for every $$100$ invested in assets.

The company generates $$12$ in net income for every $$100$ invested in assets.

The company generates $$12$ in sales for every $$100$ of debt.