Question
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 most
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 most likely issued new equity in 2019.
B. FocusPoint most likely paid down debt in 2019.
C. FocusPoint had an equity multiplier of 1.5 in 2019.
D. FocusPoint's performance deteriorated from 2018 to 2019.
E. FocusPoint's debt to equity ratio remained the same in 2018 and 2019.
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th Edition
1260772381, 978-1260772388
