Answer all questions correctly for a like.

Question 13 (0.2 points) If a company's ROA is 5.0% and its total assets to total equity ratio is 2.5, what is its ROE (return on equity)? Enter your answers as a percentage rounded to 2 decimal places. For example, enter 8.43 %) instead of 0.0843) Your Answer: Answer Hide hint for Question 13 ROE=ROA"Equity Multiplier=ROA*(1/(1-debt ratio)) Question 14 (0.2 points) Which of the following rules apply to the financial statements of public companies in the United States? (SELECT ALL THAT APPLY) Must produce a balance sheet, income statement, statement of cash flows, and statement of stockholders' equity Must be reviewed by an independent auditor Must be produced according to GAAP, the Generally Accepted Accounting Principles Question 15 (0.2 points) Pro forma financial statements may include projections of a firm's future financial statements. True False