Multiple Choice
If Brewster's produces a return on assets of 14 percent and also a return on equity of 14 percent,then the firm
A) has no net working capital.
B) is using its assets as efficiently as possible.
C) has no debt of any kind.
D) also has a current ratio of 14.
E) has an equity multiplier of 1.4.
Correct Answer:
Verified
Correct Answer:
Verified
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