What must have caused the firm's ROE to drop?
The table below shows some data for Key Biscuit Company:
A. The firm began using more debt as a percentage of financing.
B. The firm began using less debt as a percentage of financing.
C. The compound leverage ratio was less than 1.
D. The operating ROA was declining.
C. The compound leverage ratio was less than 1.
Compound leverage ratio = (Interest burden)( Leverage ratio) < 1 each year and falling
You might also like to view...
When you're using a direct approach to present a report, use ________; however, ________ will be more effective, if you're using an indirect approach to present a report
A) descriptive headings; informative headings B) structured headings; unstructured headings C) informative headings; descriptive headings D) parallel headings; decorative headings E) structured headings; descriptive headings
Answer the following statements true (T) or false (F)
1. In your conclusion, take the audience full circle by referring to your introduction. 2. Humor should be kept out of a conclusion, it is a place for more serious issues. 3. The ending of the speech isn’t as important as the rest of the speech.
Which of the following statements is true about the Great Recession?
a. Tweens are the most affected by it. b. It increased inflation rates to almost ten percent. c. It began with the collapse of inflated housing prices. d. It increased employment rates to almost ten percent.
While planning a vacation, Betty Jo visited the website of a package tour provider and closed a pop-up ad without even noticing what it was for. This is an example of selective
A. retention. B. action. C. exposure. D. perception. E. learning.