Question
A firm uses 70% debt financing at 10% interest. Its ROE
rises despite flat operating profits. What explains this phenomenon?Solution
Increased ROE without rise in EBIT indicates positive financial leverage—use of debt to magnify returns to equity.
Select the most appropriate indirect form of the given sentence.Â
Taru said, “Kavya is going to her grandmother’s house today for the weeken...
Select the correct passive form of the given sentence.Â
Why did the editor give such a rude comment?
He said that he ____________ the cycle to the repair shop the previous day.
You need to offer them a better deal.
The Queen ordered the ministers to cut off the prisoner's head.
Choose the option that is the indirect form of the sentence.
The judge said to Jia, “Stand in the witness box.”
The lawyer says, "My client is innocent."
The priest said, “may god pardon this sinner.”
The doctor has given me a very painful injection.
Select the option that expresses the given sentence in direct speech.
She told the villagers that she would not rest till she had solved their wa...
