Shareholders analyze financial statements in order to

Multiple Choice Question 72 [x] Your answer is incorrect. Try again. Which of the following is true of a firm that has both debt and equity? ? [ O Its return on equity (ROE) will be greater than its return on asset (ROA). ? Its return on equity (ROE) will be lesser than its return on asset (ROA). O Its return on equity (ROE) will be equal to its return on asset (ROA). O None of these