Multiple Choice
If a firm produces a 12 percent return on assets and also a 12 percent return on equity,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 12.
E) has an equity multiplier of 1.2.
Correct Answer:
Verified
Correct Answer:
Verified
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