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1 pts From 1 9 9 9 to 2 0 0 1 , Costco experienced a 3 . 2 % decline in their ROE mainly

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From 1999 to 2001, Costco experienced a 3.2% decline in their ROE mainly because?
Significant increase in borrowing
Rapid expansion and early ramp up of new stores
Decline in their operational efficiency of the company
Departure of the CEO and core Management Team
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