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Business, 23.03.2020 16:57 snicklegirlp4isqr
This year achieved an ROE of 5.3%. 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 achieved an ROE of 5.3%. Suppose next year the profit margin (Net Income/Sales) increases....
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