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Describe whether you want a high value or a low value for each ratio, independent of the other ratios. Briefly explain why you want a
Describe whether you want a high value or a low value for each ratio, independent of the other ratios.
Briefly explain why you want a high or low value.
- Return on equity
- Profit margin ratio
- Asset turnover ratio
- Financial leverage ratio
How can a company improve each ratio? Make sure to discuss how changes in either the numerator or denominator can improve the ratio.
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Managerial Accounting Tools For Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
5th Canadian Edition
