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A business has a profit margin above the industry average, yet its ROA is equal to the industry average. Is this possible? No Yes, if
A business has a profit margin above the industry average, yet its ROA is equal to the industry average. Is this possible?
- No
- Yes, if TOTAL ASSET TURNOVER is below the industry average
- Yes, if the Business has no liabilities
- Yes, if the EQUITY MULTIPLIER is below the industry average
- Yes, it is possible, but b,c and d above are not the correct reason
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Applied Quantitative Finance
Authors: Härdle
3rd Edition
3662544857, 978-3662544853
