If a firm has no liabilities or debt of any kind on its balance sheet,then which of the following is TRUE?
A) ROE > ROA
B) ROE < ROA
C) ROE = ROA
D) ROA = net profit margin
Correct Answer:
Verified
Q148: In 2018,Target Corp.reported sales of $71.9 billion,cost
Q149: The _ measures the percentage of each
Q150: The _ measures the percentage of profit
Q152: Key Financial Data Q153: The gross profit margin measures the percentage Q154: A firm with a gross profit margin Q156: In 2018,Target Corp.reported sales of $71.9 billion,cost Q165: Two frequently cited ratios of profitability that Q166: The _ indicates the percentage of each Q169: The _ is a popular approach for
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