Question
Choose all the correct statements about the following information. In 2018, FocusPoint Decisions Inc.'s ROA was 8% 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 8% and their ROE was 12%. In 2019, ROA was 7% and ROE was 10.50%.
| A. | FocusPoint's debt to equity ratio remained the same in 2018 and 2019. | |
| B. | FocusPoint most likely paid down debt in 2019. | |
| C. | FocusPoint's performance deteriorated from 2018 to 2019. | |
| D. | FocusPoint had an equity multiplier of 1.5 in 2019. | |
| E. | FocusPoint most likely issued new equity in 2019. |
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Bakers Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Thomas K. Ross
6th Edition
1284233162, 978-1284233162
