2A2R COLONIE INC. EXPECTS TO REPORT NET INCOME OF AT LEAST $10 MILLIO...
68.
CSO: 2A2d
LOS: 2A2r
Colonie Inc. expects to report net income of at least $10 million annually for the
foreseeable future. Colonie could increase its return on equity by taking which of the
following actions with respect to its inventory turnover and the use of equity financing?
Inventory Turnover
Use of Equity Financing
a.
Increase;
Increase.
b.
Increase;
Decrease.
c.
Decrease;
Increase.
d.
Decrease;
Decrease.