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3. If All assets are financed by equity then ROE is equal to: O Net profit margin 0% O 100% OROA None of the above

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3. If All assets are financed by equity then ROE is equal to: O Net profit margin 0% O 100% OROA None of the above 5. In 2016, Foolad Company had cash flow from investing activities of (- $110,000), and cash flow from financing activities of (+$60,000). During 2016, Foolad had the following cash flows from operating activities: EBT = $128,333.33: Tax rate = 40%: Depreciation and Amortization = $10,000 : Accounts payable increased by $45,000; Inventories increased by $10,000. If the cash balance of Foolad at the end of year 2015 was $10,000. Calculate the cash balance at the end of year 2016* O $ 82,000 O $ 72,000 O $ 62,000 O $ 42,000 O None of the above

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