Over the years presented, the firms utilization of debt financing has been:

a. Increasing

b. Decreasing

c. Remaining consistent

The change in ROA could be a result of:

a. Declining revenues

b. Problems with controlling expenses

c. Increasing investment in non-operating assets

d. Any or all of the above

Profit Margin Asset Turnover FLR 2018 4.50% 5.50 1.40 2017 4.70% 5.80 1.40 2016 4.70% 5.90 1.40 2015 4.80% 6.50 1.50 industry 2014 average 5.00% 4.70% 7.00 6.00 1.50 1.50