13. An analy - ompiles the following data for a company: Fy13 Fy14 Fy15 roe 19.8% 20.0% 22.0% return on total assets 8.1% 8.0% 7.9% total asset turnover 2.0 2.1 2.0 based only on the information above, the most appropriate conclusion is th.l over the period Fy13 to Fy15, the company's: 2. net profit margin and financial leverage have decreased. b. net profit margin and financial leverage have increased. c. net profit margin has decreased, but its financial leverage has increased. 14. A decomposition of ROE for company a and company b is as follows: company a company b Fy15 Fy14 Fy15 Fy14 roe 26.46% 18.90% 26.33% 18.90% tax burden 0.7 0.75 0.75 0.75 anterest burden 0.9 0.9 0.9 0.9 ebit margin 7.00% 10.00% 13.00% 10.00% lasset turnover 1.5 1.4 1.5 1.4 4 2 2 2 leverage an analyst is most likely to conclude that: 2. company a's toe is higher than company b's in Fy15, and one explanation consistent with the data is that company a may have purchased new, nore efficient equipment b. company a's roe is higher than company b's in Fy15, and one explanation consistent with the data is that company a has made a strategic shift to a product mix with higher profit margins. c. the difference between the two companies toe in Fy15 is very small and company a's roe remains similar to company b's toe mainly due to company increasing its financial leverage. 15. What does the p/e ratio measure? 2. The "multiple that the stock market places on a company's eps. b. The relationship between dividends and market prices. c. The earnings for one common share of stock