Solved

If Brewster's Produces a Return on Assets of 14 Percent

Question 13

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions