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A company issuing more preferred stock and using proceeds to reduce accounts payable. Explain what effect this might have on the bottom 3 aspects. _________________________________________________
A company issuing more preferred stock and using proceeds to reduce accounts payable. Explain what effect this might have on the bottom 3 aspects.
_________________________________________________
i. Return on net operating assets (RNOA)
ii. Return on common shareholders' equity (ROCE)
iii. Earnings per share (basic)
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