Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Datac Inc Industry 13.72% 11.79% 5.01% 6.01% 4.51% 13.8% 3.00% 15.7% 8.05 2.78 Ratio Gross Margin Operating Margin Net Margin ROE Equity Multiplier Times Interest

image text in transcribed

Datac Inc Industry 13.72% 11.79% 5.01% 6.01% 4.51% 13.8% 3.00% 15.7% 8.05 2.78 Ratio Gross Margin Operating Margin Net Margin ROE Equity Multiplier Times Interest Earned AR Turnover Inventory Turnover Quick Ratio Current Ratio Total Asset Turnover 5.07 8.60 5.75 2.68 8.37 11.05 0.33 1.07 1.20 0.51 1.10 0.65 Which of the following is the most plausible reason Datac's return on equity is higher than the industry average? Datac is more aggressively financed than the industry average Datac uses its assets more efficiently than the industry average Datac has a lower interest coverage ratio than the industry average Datac is generating more net income per dollar of sales than the industry average

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Complete Guide To Capital Markets For Quantitative Professionals

Authors: Alex Kuznetsov

1st Edition

0071468293, 978-0071468299

More Books

Students also viewed these Finance questions

Question

What lessons in OD contracting does this case represent?

Answered: 1 week ago

Question

Does the code suggest how long data is kept and who has access?

Answered: 1 week ago