This was a review for my financial statement analysis class. I didnt know the answer for questions 30, 31, but for the rest I choose:

32. A

33. D

Not sure about them though.

Which of the following can be said regarding the financial statements? jee question 29) has positive equity and generates net income ventures (Marco's) impact on DelGrosso's urn on assets and Profit Margin are disproportiona turn on assets and profit disproportion turn on assets was low low because of the IV. margin are disproportionately high because of the JV portionately low but profit margin was disproportionately high. onately high but profit margin was disproportionately low. C. Re -31) ABC, CAH and MCK all make regard to the use of operating leases? se of operating leases. Which of the following is true with operating A. the companies a 8. the companies are intentionally C. the conversion of operating actually are? m capital leases trying to mislead readers of their financial statements ases to capital leases will increase the return on assets ses to capital leases will have no impact on return on equity. -32) Treasury stock is to equity as: A. accumulated depreciation is to total assets B. long-term debt is to total liabilities C. net income is to retained earnings D. retained earnings is to equity. 33) Which of the following increases financial leverage without reducing financial flexibility A the repayment of bank debt B. the purchase of treasury stock C. the payment of cash dividends D. the issuance of common stock to fund the acquisition of a business