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53.) Which of the following is most correct? a.) if a companys ROA is 7 percent, then its ROE must be greater than or equal
53.) Which of the following is most correct?
a.) if a companys ROA is 7 percent, then its ROE must be greater than or equal to 7 percent.
b.) The NPM and ROA will be the same for a company with no debt in its capital structure.
c.) A company with a low debt ratio will have higher equity multiplier.
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