True/False
An increase in return on equity (ROE), over the three most recent years reported, can be a signal that a company has not invested in modernization of plant and equipment or research and development, which in the long run might lead to declining profits.
Correct Answer:

Verified
Correct Answer:
Verified
Q43: Liberward, Inc. sold and issued 1,000 shares
Q44: West Corporation reported the following amounts on
Q45: This question focuses on the financial statements.
Q46: Which of the following would appear in
Q48: The Ontario Securities Commission (OSC) is not
Q49: Gross profit is an important profit measure
Q50: Quarterly reports are most likely unaudited and
Q51: Virginia Equipment, Inc., sold and issued 4,000
Q52: How is the debt-to-equity ratio computed?<br>A) total
Q67: The cost constraint ensures that information costs