Question: These items represent a financial analysis for Charles Chocolate. In examining the ROA and the ROA breakdown, how can we interpret the profitability of Charles

These items represent a financial analysis for Charles Chocolate. In examining the ROA and the ROA breakdown, how can we interpret the profitability of Charles Chocolate?
ROA increased from 2010 to 2011 because profit margins improved.
ROA decreased from 2010 to 2011 because net profit margin declined.
ROA increased from 2010 to 2011 because asset turnover is increasing.
ROA decreased from 2010 to 2011 because total asset turnover is decreasing.
These items represent a financial analysis for

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