QUESTIONS 45 THROUGH 68 RELATE TO FINANCIAL STATEMENT ANALYSIS

62. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING 2012
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING 2012
62. An analyst has calculated the following ratios for a company: Operating Profit Margin 17.5%Net Profit Margin 11.7%Total Asset Turnover 0.89 timesReturn on Assets 10.4%Financial Leverage 1.46Debt to Equity 0.46The company’s return on equity (ROE) is closest to: A. 4.8%. B. 15.2%. C. 22.7%.