If a Company Produces a Return on Assets of 14

question 94

Multiple Choice

If a company produces a return on assets of 14 percent and also a return on equity of 14 percent, then the firm:

• A) may have short-term, but not long-term debt.
• B) is using its assets as efficiently as possible.
• C) has no net working capital.
• D) has a debt-equity ratio of 1.0.
• E) has an equity multiplier of 1.0.

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Definitions:

U.S. Support

Assistance provided by the United States to other countries or groups, which can include military, economic, or diplomatic support.

Evangelicals

Members of a Christian movement emphasizing the authority of the Bible, salvation by faith in Jesus Christ, and the importance of sharing the Christian message.

Republican Ticket

The list of candidates nominated by the Republican Party for elected offices, particularly during elections in the United States.

South

A general term that can refer to the southern region of a country or specific geographic areas, often characterized by distinct cultural, social, and historical attributes.