FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In 2018, FocusPoint Decisions Inc.'s ROA was 8% and their ROE was 12%. In 2019, ROA was 9% and ROE was 18%. A. FocusPoint had

In 2018, FocusPoint Decisions Inc.'s ROA was 8% and their ROE was 12%. In 2019, ROA was 9% and ROE was 18%.

A.

FocusPoint had an equity multiplier of 2 in 2018.
B.

FocusPoint most likely issued new equity in 2019.
C.

FocusPoint most likely borrowed money in 2019.
D.

FocusPoint had an equity multiplier of 2 in 2019.
E.

FocusPoint's performance improved from 2018 to 2019.

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

Step: 3

blur-text-image

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

Technical Analysis Of Stock Trends

Technical Analysis Of Stock Trends

Authors: Robert D. Edwards, John Magee

1st Edition

1607962233, 978-1607962236

More Books

Students also viewed these Finance questions

Question

★★★★★
Based on weather data collected in Racine, Wisconsin, on Christmas Day, the weather had the following distribution: Event Relative Frequency Clear & dry..0.20 Cloudy & dry..0.30 Rain.0.40 Snow.0.1 a....

Answered: 1 week ago

Question

★★★★★
What is motivation, and why is it important for project managers to understand why and how people are motivated?

Answered: 1 week ago

Question

★★★★★
=+ What are the undesirable consequences?

Answered: 1 week ago

Question

★★★★★
During May, Joliet Fabrics Corporation manufactured 500 units of a special multilayer fabric with the trade name Stylex. The following information from the Stylex production department also pertains...

Answered: 1 week ago

Question

★★★★★
how to write code in react and spring boot using fetch method for the following criteria: A community wishlist page which shows books users wish to read

Answered: 1 week ago

Question

★★★★★
Target Co is a large transport company. In the previous financial year, it billed one of its customers $ 1,500 for services that it had provided. Target Co has recently discovered that the client is...

Answered: 1 week ago

Question

★★★★★
The following is the regulatory network that controls the activity of the mitotic regulatory kinase (Cdk-1) that is critical for the G2M phase transition of a cell during the cell cycle. DNA damage...

Answered: 1 week ago

Question

★★★★★
The following drawing represents a cardiac stem cell (CSC) lineage commitment and differentiation in mice. a) List two characteristics of CSC that qualifies them as stem cells. b) Briefly describe...

Answered: 1 week ago

Question

★★★★★
5. (35 points) Consider a random sample X1, X2, ..., Xn taken from a population with the following density parameterized by > -1: fo(x) = = { + (0+1)x, 0 Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★
1. Answer the following counting questions. a. Out of a group of 7 individuals, in how many ways can a chair, vice chair, and secretary be chosen? b. Among 10 people, 6 will be selected to go to a...

Answered: 1 week ago

Question

★★★★★
You are required the forms as per given scenario. You can choose any offline software to design the form. The form is just a design so needs not be in working stage. You cannot use online platforms...

Answered: 1 week ago

Question

★★★★★
3. Do you agree that pride building can be localized throughout the organization?

Answered: 1 week ago

Question

★★★★★
a. Cover the screen with a towel or newspaper and try to identify the style of one or two persons, using voice only.

Answered: 1 week ago

Question

★★★★★
2. To get some practice in identifying communication styles, watch two or three television shows and attempt to identify the style of individuals portrayed on the screen. To fully develop your skills...

Answered: 1 week ago

Previous Question Next Question