Multiple Choice
If a firm produces a 10 % return on assets and also a 10 % return on equity, then the firm:
A) Has no debt of any kind.
B) Is using its assets as efficiently as possible.
C) Has no net working capital.
D) Also has a current ratio of 10.
E) Has an equity multiplier of 2.
Correct Answer:
Verified
Correct Answer:
Verified
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