1. How much will AAPL’s equityholders earn given a total asset turnover of 0.85, an operating profit margin of 0.15, plowback ratio of 0.40, and a debt-equity ratio of 0.25? (Please show me how you calculate)
a.9.56%
b.15.94%
c.16.96%
d.38.25%
2. Which of the following is nor compatible with the others?
I. The CAPM
II. Mutual fund theorem
III. Zero beta
IV. Passive portfolio management
a) I
b) II
c) III
d) IV
e) None of them
3.