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8. The board of directors is dissatised with last year's ROE of 15%. If the prot margin and asset turnover ratio remain unchanged at 8%

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8. The board of directors is dissatised with last year's ROE of 15%. If the prot margin and asset turnover ratio remain unchanged at 8% and 1.25, respectively, by how much must the leverage ratio (i.e., assets(TA)/equity(TE)) increase to achieve 20% ROE? A. Leverage ratio must increase by .5. B. Leverage ratio must increase by 5. C. Leverage ratio must increase by 16.67%. D. Leverage ratio must increase by 33.3%

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