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 to because profit margins improved.
ROA decreased from to because net profit margin declined.
ROA increased from to because asset turnover is increasing.
ROA decreased from to because total asset turnover is decreasing.
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