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Social Studies, 05.07.2019 20:30 miyah5316

This year andrews achieved an roe of 14.1%. suppose the board of directors of andrews mandates that management take measures to increase financial leverage (=assets/equity) next year. assuming sales, profits, and assets remain the same next year, what effect would you expect this new leverage policy will have on andrews roe?

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This year andrews achieved an roe of 14.1%. suppose the board of directors of andrews mandates that...
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