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Which of the following is a true statement about ROA and ROCE? A . ROCE will always be greater than ROA B . ROCE explicitly
Which of the following is a true statement about ROA and ROCE?
A ROCE will always be greater than ROA
B ROCE explicitly accounts for the cost of debt and preferred stock financing.
C ROCE is a measure independent of the financing of the assets
D ROA measures the return to common stockholders after subtracting operating expenses and costs of debt financing and preferred stock.
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