QUESTION 1 The fixed asset turnover ratio is influenced by O A. the age of the assets employed. O B. financial leverage. OC. reported total fixed assets. O D. all of the above. QUESTION 2 ROCE measures O A. returns to both creditors and common stockholders before subtracting cost of finance, O B. returns to common stockholders after subtracting cost of finance. O C. firm's success in using assets to generate earnings independent of the cost finance. D. firm's success in using assets to generate earnings after subtracting cost of finance. QUESTION 3 In calculating diluted earnings per share, which of the following should be considered? O A. The amount of dividends declared on redeemable preferred shares. OB. The weighted average number of preferred shares outstanding. O C. The amount of common shares resulting from the assumed conversion of debentures outstanding OD. The amount of cash dividends declared on common shares