The fact that assets are recorded on the balance sheet at historical rather current values prevents the return on assets ratio (ROA) from being distorted by inflation.

The fact that assets are recorded on the balance sheet at historical rather current values prevents the return on assets ratio (ROA) from being distorted by inflation.

The fact that assets are recorded on the balance sheet at historical rather current values prevents the return on assets ratio (ROA) from being distorted by inflation.



Answer: False


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