Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A firm has a debt to equity ratio of 75% debt of $450,000, and net income of $180,000. The return on equity is Select one:

image text in transcribed
A firm has a debt to equity ratio of 75% debt of $450,000, and net income of $180,000. The return on equity is Select one: O A 30.00% OB. 15.00% OC 40.00% OD. not enough information A company has an average collection period of 36 days, its balance of accounts receivable at year-end is $60,000, and its rec Select one: O A 5600,000 OB. $6,000,000 OC $24.000.000 OD. None of these answers are correct Investors and financial analysts desining to evaluate the efficiency with which the firm's assets are being used to generate sales re Select one: OA debt utilization ratios. O B. liquidity ratios OC asset utilization ratios OD. profitability ratios. A firm that uses more debt financing will have a... Select one O A less risky financial position. OB more risky financial position OC a greater ability to pay dividends. OD none of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Valuation Measuring and managing the values of companies

Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel

5th edition

978-0470424650, 9780470889930, 470424656, 470889934, 978-047042470

More Books

Students also viewed these Finance questions