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8. Assume a firm's return on assets and return on equity are both 15 percent. An analyst would be justified in concluding that the firm:

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8. Assume a firm's return on assets and return on equity are both 15 percent. An analyst would be justified in concluding that the firm: i) has no debt of any kind. j) is using its assets as efficiently as possible. k) pays all its earnings out in dividends. l) also has a current ratio of 15 . m ) has an equity multiplier of 2 . 9. For the same firm as in (5) above, find the cash coverage ratio n) 22.16 o) 23.25 p) 33.19 q) 34.27

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