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Business, 14.05.2021 03:40 lauren21bunch

This year Andrews achieved an ROE of 30.2%. Suppose management takes measures that increase Asset turnover (Sales/Total Assets) next year. Assuming Sales, Profits, and financial leverage remain the same, what effect would you expect this action to have on Andrews's ROE

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This year Andrews achieved an ROE of 30.2%. Suppose management takes measures that increase Asset tu...
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