Choose all the correct statements about the following information. In 2018, FocusPoint Decisions Inc.'s ROA was 8% and their ROE was 12%. In 2019, ROA was 9% and ROE was 18%. A. FocusPoint had an equity multiplier of 2 in 2018. B. FocusPoint's performance improved from 2018 to 2019. C. FocusPoint most likely issued new equity in 2019. D. FocusPoint had an equity multiplier of 2 in 2019. E. FocusPoint most likely borrowed money in 2019.
Choose all the correct statements about the following information. In 2018, FocusPoint Decisions Inc.'s ROA was 8% and their ROE was 12%. In 2019, ROA was 9% and ROE was 18%. A. FocusPoint had an equity multiplier of 2 in 2018. B. FocusPoint's performance improved from 2018 to 2019. C. FocusPoint most likely issued new equity in 2019. D. FocusPoint had an equity multiplier of 2 in 2019. E. FocusPoint most likely borrowed money in 2019.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Choose all the correct statements about the following information.
In 2018, FocusPoint Decisions Inc.'s ROA was 8% and their ROE was 12%. In 2019, ROA was 9% and ROE was 18%.
| A. |
FocusPoint had an equity multiplier of 2 in 2018. |
|
| B. |
FocusPoint's performance improved from 2018 to 2019. |
|
| C. |
FocusPoint most likely issued new equity in 2019. |
|
| D. |
FocusPoint had an equity multiplier of 2 in 2019. |
|
| E. |
FocusPoint most likely borrowed money in 2019. |
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