Question

To increase her return on equity, Latitia could:

a. increase the amount of assets he company owns.

b. increase the amount of debt on her balance sheet.

c. decrease the amount of liabilities on her balance sheet.

d. decrease the amount of inventory she carries.

Match the term with its definition.

a. Accrued expenses

b. Cash flow activities

c. Cash flow statement

d. Fixed assets

e. Gross fixed assets

f. Long-term debt

g. Other assets

h. Short-term notes

Answer

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