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Business, 06.07.2021 08:20 elizavlsc4

Comment on the following statements with suitable example: i.

The ratio return on assets has net income in the numerator and total assets in the denominator.
Explain how each part of the ratio could cause return on assets to fall.

2.Explain how return on assets could decline, given an increase in net profit margin.

3.If quoted market prices are not available, a personal financial statement cannot be prepared Comment.

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Answers: 2

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Comment on the following statements with suitable example: i.

The ratio return on asset...
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