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Exam IIA-CIA-Part3 topic 2 question 208 discussion

Actual exam question from IIA's IIA-CIA-Part3
Question #: 208
Topic #: 2
[All IIA-CIA-Part3 Questions]

Which of the following scenarios indicates an effective use of financial leverage?

  • A. An organization has a rate of return on equity of 20% and a rate of return on assets of 15%
  • B. An organization has a current ratio of 2 and an inventory turnover of 12
  • C. An organization has a debt to total assets ratio of 0 2 and an interest coverage ratio of 10
  • D. An organization has a profit margin of 30% and an assets turnover of 7%
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Suggested Answer: C 🗳️

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emtofid
1 month, 1 week ago
Selected Answer: A
A. An organization has a rate of return on equity of 20% and a rate of return on assets of 15%. Financial leverage refers to the use of borrowed funds to increase the potential return on equity. When the return on equity (ROE) is higher than the return on assets (ROA), it suggests that the organization is effectively using leverage to enhance its returns for equity shareholders.
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Elvin
6 months, 2 weeks ago
I think C is the correct one. When we say Financial Leverage, it refers to the borrowing of capital by a corporation from lenders, such as banks, to fund its operations and long-term investments in fixed assets (PP&E). Seems like C is the only choice that might relate to the definition. Any other thoughts?
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KonradK
7 months, 2 weeks ago
Why not A?
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