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Financial Ratio Analysis Sales , 2 8 0 Net income , 2 1 You have the above balance sheet and income statement for Ahmed's You
Financial Ratio Analysis
Sales
Net income
You have the above balance sheet and income statement for Ahmed's
You want to reduce your total liabilities and use the generated funds to buy back common stock at the book value. You will reduce your total liabilities so that
Total LiablilitiestoTotal Equity Ratio TLTE is equal to There is no effect on sales or net income. What is the new ROE?
use decimals
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