Question: 26. Return on assets is useful in comparing the operating profitability of two firms in different industries, because A. It penalizes a high debt/equity ratio

26. Return on assets is useful in comparing the operating profitability

26. Return on assets is useful in comparing the operating profitability of two firms in different industries, because A. It penalizes a high debt/equity ratio B. It focuses on the profit margin rather than turnover C. It focuses on turnover rather than the profit margin D. None of the above

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