An advertiser must have documented proof of any claims made in an advertisement

Due to clientele effect, Modigliani and Miller argue that the shareholders get what they expect and, thus, the value of a firm's stock is unaffected by dividend policy

Indicate whether the statement is true or false

A few of the ratios for Quality Construction Inc., are presented here. Use this information to calculate the firm's ROE. Leverage ratio = 1.50, ROA is 12.00%, profitability ratio is 8.00%

A) 1.44% B) 12.00% C) 18.00% D) 8.00%