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Which of the following statements is true? a. ROE measures the return on the enterprise b. an increase in the asset turnover ratio implies a
Which of the following statements is true?
a. | ROE measures the return on the enterprise | |
b. | an increase in the asset turnover ratio implies a decrease in the asset intensity ratio | |
c. | ROA measures the return on fixed assets | |
d. | ROA is always greater than or equal to ROE |
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