Q31: The ratios that are based on financial statement values and used for comparison purposes are called: A. financial ratios. B. industrial statistics. C. equity standards. D. accounting returns. E. analytical standards. Q32: The DuPont identity can be accurately defined as: A. Return on equity x Total asset turnover x Equity multiplier. B. Equity multiplier x Return on assets. C. Profit margin x Return on equity. D. Total asset turnover x Profit margin x Debt-equity ratio. E. Equity multiplier x Return on assets x Profit margin. Q33: The sustainable growth rate is defined as the maximum rate at which a firm can grow given which of the following conditions? A. No new external financing of any kind B. No new debt but additional external equity equal to the increase in retained earnings C. New debt and external equity in equal proportions D. New debt and external equity, provided the debt-equity ratio remains constant E. No new external equity and a constant debt-equity ratio