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Business, 09.12.2021 17:00 maleah12x

This year Andrews achieved an ROE of 30.2%. Suppose next year the profit margin (Net Income/Sales) increases. Assuming sales, assets and financial leverage remain the same next year, 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 next year the profit margin (Net Income/Sales) i...
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