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Which of the following statements about return on assets ( ROA ) is true? Multiple Choice ROA is useful for comparing companies in different industries.

Which of the following statements about return on assets

(

ROA

)

is true?

Multiple Choice

ROA is useful for comparing companies in different industries.

ROA is the most important ratio for an equity investor.

ROA reflects the risk inherent in a company.

ROA is useful for determining how the company financed its assets.

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