For a firm that has no debt in its capital structure,
A) ROE > ROA.
B) ROE < ROA.
C) ROE = ROA.
D) None of the above.
Ans: C) ROE = ROA.
Business
A) ROE > ROA.
B) ROE < ROA.
C) ROE = ROA.
D) None of the above.
Ans: C) ROE = ROA.