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Compute the financial leverage percentage for Year 2 given the following data: Year 2 Year 1 Return on equity 21.00 %, 27.00 % Return on
Compute the financial leverage percentage for Year 2 given the following data:
Year 2 Year 1
Return on equity 21.00 %, 27.00 %
Return on assets 6.00, 9.30
Profit margin 18.00, 18.00
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