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Which of the following is true regarding Return on Assets and Return on Equity measures? Group of answer choices Return on Equity (ROE) reflects financial

Which of the following is true regarding Return on Assets and Return on Equity measures?

Group of answer choices

Return on Equity (ROE) reflects financial leverage or debt

Both are measures of Return on Investment (ROI)

In the absence of debt, ROE and ROA would be equal

Return on Assets (ROA) is equal to Net Income divided by Total Assets

All of the above are correct

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