ROA Is the Product Of

question 87

Multiple Choice

ROA is the product of:

• A) net income margin and asset turnover.
• B) book value and asset turnover.
• C) leverage and book value.
• D) net income margin and leverage.

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Definitions:

Continuous Random Variable

A type of random variable that can take an infinite number of possible values in a continuum or interval on the number line.

P(x > a)

Represents the probability of a random variable X taking a value greater than a specific number a.

P(x = a)

Represents the probability that a discrete random variable X takes on a specific value a.

Binomial Distribution

A probability distribution that summarizes the likelihood that a value will take one of two independent states across a number of trials or instances.