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a Which of the following is NOT a main determinant of growth? operating efficiency, measured with the profit margin choice of optimal debt ratio, measured

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a Which of the following is NOT a main determinant of growth? operating efficiency, measured with the profit margin choice of optimal debt ratio, measured with financial leverage ratios asset use efficiency, measurd with the total asset turnover payout policy, measured with the payout ratio O market capitalization maximization, measured with market value ratios Which of the following is the main drawback of peer-group comparisons? Peer-group comparisons always provide a worse benchmark than time-series comparisons. Only pure play companies can be compared. Peer-group comparisons only work when there are data on two or more peers available. O Economy-wide effects, like pandemics or wars make peer-group comparisons unreliable. O Depending on the company, it can be difficult to indentify appropriate

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