QUESTION 40 Who are the owners of a corporation? the shareholders the managers the bankers the employees QUESTION 41 A company makes $1 million in after tax profits for the year it spends the entire amount on new equipment Which of the following is true? its leverage ratio at the end of the year is higher than it was one year before its retained earnings for the year equal zoro Its book value at the end of the year is $1 million greater than that of one year before Its book value at the end of the year is the same as that of one year before. QUESTION 42 Cash on the balance sheet allows a company to do which of the following and thereby avoid liquidating (selling) assots or issuing debt Click Save and Submit to save and submit. Click Save All Answers to save all answers