Which of the following statements is true about the financialmetric Return on Assets (ROA)? Select o

Which of the following statements is true about the financialmetric Return on Assets (ROA)? Select o

Which of the following statements is true about the financialmetric Return on Assets (ROA)? Select one: a. The ROA is made up of the product of the Profit Margin andthe Asset Turnover. b. The ROA is a measure of how much the firm earns for each unitof sales and a measure of the sales generated by every unit ofasset. c. The ROA measures the return earned on each dollar invested bythe firm in assets. d. All of the statements are true. e. None of the statements are true. Attached

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