Question: Question:Return on Assets (ROA) is often used as a gauge of how well a company is performing. Why is ROA considered a useful measure of
Question:Return on Assets (ROA) is often used as a gauge of how well a company is performing. Why is ROA considered a useful measure of a firm's overall effectiveness?A) It shows how efficiently a company uses its assets to generate profit.B) It measures only how much equity shareholders earn.It focuses exclusively on cash flow from operations.D) It evaluates how quickly a company can sell its inventory.
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