Question: T/F/Why - ROA and ROE Indicate whether the following statement is true or false, then support your view. For a profitable company that has debt,
T/F/Why - ROA and ROE
Indicate whether the following statement is true or false, then support your view.
For a profitable company that has debt, ROE will always be higher than ROA.
ROE = Return on equity; ROA = Return on Assets
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