Question 58 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text If a firm produces a 5 percent return on assets and also a 5 percent return on equity, then the firm: Select one: a. has an equity multiplier of 2. b. is using its assets as efficiently as possible. c. also has a current ratio of 10. d. has no net working capital. e. has no debt of any kind. Question 59 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text ___________ returns measure the percentage change in price of an asset. Select one: a. Adjusted b. Capital gain c. Holding period d. Real e. Nominal Question 60 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text Your company is considering the purchase of a fleet of cars for $195,000. It can borrow at 10%. The cars will be used for four years. At the end of four years they will be worthless. You call a leasing agent and find that the cars can be leased for $55,000 per year. The corporate tax rate is 34% and the cars belong in CCA class 10 (a 30% class), what is the net advantage to leasing? Select one: a. $10,075 b. $7,771 c. $21,802 d. $6,594 e. $5,399