Question: A decrease in the depreciation expense will do which of the following? Select one: a.Decreases net income only b.Decreases net income and decreases cash flow

A decrease in the depreciation expense will do which of the following?

Select one:

a.Decreases net income only

b.Decreases net income and decreases cash flow from assets

c.Increases net income only

d.Increases net income and increases cash flow from assets

Company has return on assets 12.4% and debt-equity ratio is 0.25. What is ROE?

Select one:

a.9.18%

b.35.43%

c.15.5%

d.9.3%

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