Assume that the following financial ratios were computed from the 2009 financial statements of Florida Industries:
If Florida holds its other ratios constant in 2010, but increases its capital structure leverage ratio to 3.00, what will be the 2010 return on equity?
a. 15%
b. 51%
c. 86%
d. 44%

Question

Assume that the following financial ratios were computed from the 2009 financial statements of Florida Industries:
  If Florida holds its other ratios constant in 2010, but increases its capital structure leverage ratio to 3.00, what will be the 2010 return on equity? 
a. 15%
b. 51%
c. 86%
d. 44%

Quizplus · Accepted Answer

The Answer of Assume that the following financial ratios were computed from the 2009 financial statements of Florida Industries:
  If Florida holds its other ratios constant in 2010, but increases its capital structure leverage ratio to 3.00, what will be the 2010 return on equity? 
a. 15%
b. 51%
c. 86%
d. 44%

Assume That the Following Financial Ratios Were Computed from the 2009