If a company has no debt, its: A. equity multiplier will be undefined. B. return on assets

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If a company has no debt, its:

A. equity multiplier will be undefined.

B. return on assets will be equal to its return on equity.
C. operating return on assets will be equal to its return on assets.

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Analysis Of Financial Statements

ISBN: 9781118299982

3rd Edition

Authors: Frank J. Fabozzi, Pamela Peterson Drake

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