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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?

  1. ROA rose and ROE rose
  2. ROA fell and ROE fell
  3. ROA is unchanged and ROE fell
  4. 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?

  1. ROA rose and ROE rose
  2. ROA fell and ROE fell
  3. ROA is unchanged and ROE fell
  4. ROA is unchanged and ROE rose

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