jillianh604 jillianh604

02-06-2023
Business

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Consider the ROE Model: ROE=ROA×(1+D/E). Which of the following statements is true? ROE is always less than ROA for a firm with debt ROE is always less than ROA for a firm without debt ROE is always greater than ROA for a firm with debt ROE is equal to ROA for a firm with debt There is no relationship between ROE and ROA

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