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AAA Corp. had a total assets turnover of 1.35 and an equity multiplier of 1.65. Its sales were $388,000 and its net income was $12,500.

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AAA Corp. had a total assets turnover of 1.35 and an equity multiplier of 1.65. Its sales were $388,000 and its net income was $12,500. The CFO changing its ales, assets, liabilities or equity. Grven these changes, how much would the ROE have changed? Do not round your inteuneduate ca 2.6.954 b,8.04% c. 5.389 di 6.604 fi. 8.32% 13 s 517.500. The CFO believes that the company could have sold ifs products at a hapher price point and lowered its costs, 1 your intermediate calcutahons

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