FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Saddie & Co.'s return on assets (ROA) for the current year was 6.23%. Which of the following is
true if Saddie & Co. wishes to increase their ROA?
The company should decrease asset turnover.
O The company should increase the selling price of its goods or services.
The company should increase the cost of its products.
The company should increase the amount of assets it has.
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Transcribed Image Text:Saddie & Co.'s return on assets (ROA) for the current year was 6.23%. Which of the following is true if Saddie & Co. wishes to increase their ROA? The company should decrease asset turnover. O The company should increase the selling price of its goods or services. The company should increase the cost of its products. The company should increase the amount of assets it has.
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