In 2018, FocusPoint Decisions Inc.'s ROA was 9% and their ROE was 12%. In 2019, ROA was 9% and ROE was 18%. A. FocusPoint most likely borrowed money in 2019. B. FocusPoint's performance improved from 2018 to 2019. C. FocusPoint had an equity multiplier of 1.33 in 2018. D. FocusPoint had an equity multiplier of 2 in 2019. E. FocusPoint most likely issued new equity in 2019.

Garcia industries has sales of $200,000 and accounts receivable of $18,500, and it gives its customers 25 days to pay. the industry average dso is 27 days, based on a 365-day year. if the company changes its credit and collection policy sufficiently to cause its dso to fall to the industry average, and if it earns 8.0% on any cash freed-up by this change, how would that affect its net income, assuming other things are held constant? a. $241.45b. $254.16c. $267.54d. $281.62e. $296.44