1. In 2017, Benvolio Enterprises had a return on asset of 10% and a return of equity of 17%; in 2018 those ratios were 8% and 13.6% respectively, Given this, a reasonable assumption would be that Benvolio:

A. decreased profitability

B. decreased leverage

C. increased leverage

2.Which statement below is true?

A. An equity multiplier of 2 means the firm has twice as much debt as equity

B. An equity multiplier of 0 means the firm has no debt

C. An equity multiplier of 2 means the firm has as much debt as equity

3. Which of the following is not a disadvantage of using ratios for financial analysis is:

A. Over time, a companys ratios change

B. There are no set ranges for what constitutes a good or bad value

C. Ratios are not reliable when companies use different accounting methods.

Please help with above Finance questions and explain, thanks.