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AAA Corp. had a total assets turnover of 1 . 3 5 and an equity multiplier of 1 . 6 5 . Its sales were
AAA Corp. had a total assets turnover of and an equity multiplier of Its sales were $ and its net income was $ The CFO believes that the company could have sold its products at a higher price point and lowered its costs, so the new net income would be $ without changing its sales, assets, liabilities or equity. Given these changes, how much would the ROE have changed? Do not round your intermediate calculations. a b d e
AAA Corp. had a total assets turnover of and an equity multiplier of Its sales were $ and its net income was $ The CFO believes that the company could have sold its products at a higher price point and lowered its costs, so the new net income would be $ without changing its sales, assets, liabilities or equity. Given these changes, how much would the ROE have changed? Do not round your intermediate calculations.
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