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If a firm produces a twelve percent return on assets and also a twelve percent return on equity, then the firm: Multiple Choice may have
If a firm produces a twelve percent return on assets and also a twelve percent return on equity, then the firm:
Multiple Choice
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may have short-term, but not long-term debt.
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is using its assets as efficiently as possible.
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has no net working capital.
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has a debt-equity ratio of 1.0.
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has an equity multiplier of 1.0.
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