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34.( 3pts) According to the Warren Buffett strategy , Companies can increase their return on equity by increasing their long-term debt-to-equity ratio. Buffett is aware
34.( 3pts) According to the Warren Buffett strategy , Companies can increase their return on equity by increasing their long-term debt-to-equity ratio. Buffett is aware of this, but the idea of adding a couple of points to Berkshire Hathaway's return on equity simply by taking on more debt does not impress him.
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