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[CFA level 1模拟真题]Version 3 Questions-Q29

Q29. Assume U.S.GAAP (generally accepted accounting principles) applies unless otherwise noted. An analyst has calculated the following ratios from a company's financial statements:

Year ended 31 December

2003

2004

Return on Equity

16.8%

18.0%

Return on Total Assets

10.5%

10.0%

Net Profit Margin

4.2%

4.0%

Based on the information above, during 2004, did the company experience an increase in the:

 

Financial leverage ratio?

Asset turnover ratio?

A.

No

No

B.

No

Yes

C.

Yes

No

D.

Yes

Yes

thanks

for sharing.thanks.

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 a

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b

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a

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a

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a

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ok

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a

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3

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