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Roadster Racers, Corporation has experienced actual sales growth of 20% for each of the last 5 years. Roadster Racers has not paid any dividends or
Roadster Racers, Corporation has experienced actual sales growth of 20% for each of the last 5 years. Roadster Racers has not paid any dividends or issued any equity during this time. Profit margin has fluctuated between 6-8% and asset turnover is consistently 1.5-2.0. Based on this information, which of the following can you most likely infer about Roadster Racers' performance over the past 5 years?
Multiple Choice leverage has decreased. leverage has remained constant. leverage has increased. Roadster Racers has no debt. Roadster Racers' stock price has increased
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