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Based on the DuPont ROE analysis, which of the following choices is correct? Increase in Asset Turnover decreases the ROE Increase in Financial Leverage decreases

Based on the DuPont ROE analysis, which of the following choices is correct?

Increase in Asset Turnover decreases the ROE

Increase in Financial Leverage decreases the ROE

Decline in profit margin decreases the ROE

All of the above

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