Selected ratios for the current year for three companies in the office furniture industry follow: Office Inspirations Office By Design Corporation Ratio Max Office Ltd. Inc. Dividend Yield 3.1% 2.0% 0.9% Price Earnings Payout Debt to Assets Return on Equity 24.6 times 19.7 times 29.2 times 2.6% 3.4% 1.0% 64% 72% 66% 24.7% 29.7% 25% Based on the above ratios which company has used leverage to increase its return to investors?
Selected ratios for the current year for three companies in the office furniture industry follow: Office Inspirations Office By Design Corporation Ratio Max Office Ltd. Inc. Dividend Yield 3.1% 2.0% 0.9% Price Earnings Payout Debt to Assets Return on Equity 24.6 times 19.7 times 29.2 times 2.6% 3.4% 1.0% 64% 72% 66% 24.7% 29.7% 25% Based on the above ratios which company has used leverage to increase its return to investors?
Chapter9: Responsibility Accounting And Decentralization
Section: Chapter Questions
Problem 5PA: Financial information for BDS Enterprises for the year-ended December 31, 20xx, was gathered from an...
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