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24.A company's profitability is 6% and its sales/assets is 1.5. Its debt/equity ratio in 2015 was 25% and now is 20%. Which pair of statements
24.A company's profitability is 6% and its sales/assets is 1.5. Its debt/equity ratio in 2015 was 25% and now is 20%. Which pair of statements is true?
- ROA rose and ROE rose
- ROA fell and ROE fell
- ROA is unchanged and ROE fell
- ROA is unchanged and ROE rose
25.In 2015 company's profitability was 8% and its sales/assets was 1.5 and its debt/equity ratio was 25%. In 2016 the company's profitability is 7.5% and its sales/assets was 1.7 and its debt/equity ratio is 30% Which pair of statements is true?
- ROA rose and ROE rose
- ROA fell and ROE fell
- ROA is unchanged and ROE fell
- ROA is unchanged and ROE rose
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