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Business, 20.03.2020 10:12 gobbler80

This year Andrews achieved an ROE of 13.8%. Suppose next year the profit margin (Net Income/Sales) decreases. 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 13.8%. Suppose next year the profit margin (Net Income/Sales) d...

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