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Choose all the correct statements about the following information. In 2018, FocusPoint Decisions Inc.'s ROA was 9% and their ROE was 12%. In 2019, ROA
Choose all the correct statements about the following information.
In 2018, FocusPoint Decisions Inc.'s ROA was 9% and their ROE was 12%. In 2019, ROA was 9% and ROE was 18%.
A. | FocusPoint had an equity multiplier of 2 in 2019. | |
B. | FocusPoint most likely issued new equity in 2019. | |
C. | FocusPoint most likely borrowed money in 2019. | |
D. | FocusPoint had an equity multiplier of 1.33 in 2018. | |
E. | FocusPoint's performance improved from 2018 to 2019. |
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