Business financ Multiple-choice

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QUESTION 7 3.3 points Sa Last year Blease Inc had a total assets turnover of 1.33 and an equity multiplier of 1.75. Its sales were finances using only debt and common equity and its total assets equal total invested capital. The CFO believes that the company could have operated more $205,000 and its net income was $10,600. The finm lowered its costs, and increased its net income by S 10,250 without changing its sales, assets, or capital structure. Had it cut costs and increased its net income by this amount, how much would the ROE have changed? Do not round your intermediate calculations. 0 11.75% b. 14.08% 14.43% d. 11.64% 3.3 points Save QUESTION 8 Ten years ago, Lucas Inc. earned SO.50 per share. Its earnings this year were $3.60. What was the growth rate in earnings per share (EPS) over the 10-year period? 18.77% b.1680% 2182% Od, 26.19%