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B. Which of the following statements is/are true? a) b) c) d) With all-equity companies, the rate of return to shareholders is always equal to

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B. Which of the following statements is/are true? a) b) c) d) With all-equity companies, the rate of return to shareholders is always equal to the rate of return on assets If the rate of return on assets is less than the interest rate on debt, then leverage results in a lower rate of return on equity. With debt, the rate of return to shareholders is always equal to the rate of return on assets provided the rate of return on assets is equal to the interest rate All the above statements are true

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