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ATI - 4 From the above calculation, we observe. With higher financial leverage, when EBIT increases, ROE increases ___; when EBIT decreases, ROE decreases ___.

ATI - 4

From the above calculation, we observe.

With higher financial leverage, when EBIT increases, ROE increases ___; when EBIT decreases, ROE decreases ___.

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more, less

less, less

more, more

less, more

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