单选题 Which of the following financial ratios is least likely to be affected by classification of deferred taxes as a liability or equity?

A、

A. Return on equity (ROE).
B、

B. Debt-to-equity.
C、

C. Return on assets (ROA).

【正确答案】 C

【答案解析】The ROA will not be affected by the classification of the deferred taxes. The total assets will remain the same regardless of whether the deferred taxes are classified as a liability or equity.