Which of the following statements regarding the return on assets $($ROA$)$ ratio are true?

Multiple select question.

When comparing two companies, the company with the highest total assets will always have the lowest ROA ratio.

When comparing two companies, the company with the highest net income will always have the highest ROA ratio.

It permits comparison between companies of different sizes.

When comparing two companies, the company with the highest ROA ratio used its assets more efficiently.