Chester has a ROA of 0.13 (ROA = Net income/Total Assets). That means:Select: 1
Every dollar of Chester’s assets result in earnings of $0.13.
Chester uses $0.87 of each dollar earned to purchase assets.
Chester uses $0.13 of each dollar earned to purchase assets.
Every dollar of Chester’s assets result in earnings of $0.87.
Chester has a ROA of 0.13 (ROA = Net income/Total Assets). That means:Select: 1 Every dollar of Chester’s assets result in earnings of $0.13. Chester uses $0.87 of each dollar earned to purchase a
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