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A company's return on equity (ROE) was higher than its return on investment (ROI). What could have caused this difference? a- The company's ROI was
A company's return on equity (ROE) was higher than its return on investment (ROI). What could have caused this difference?
a- The company's ROI was higher than its cost of debt.
b- The company's ROI was lower than its cost of debt.
c- The company's ROI was equal to its cost of debt.
d- None of the answers provides an explanation as to why the two ratios would have differed.
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