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Financial ratios allow us to Understand how well the overall economy is performing. Compare the firm's performance over time. Understand why a firm's competitors have
Financial ratios allow us to Understand how well the overall economy is performing. Compare the firm's performance over time. Understand why a firm's competitors have a new marketing plan. Understand why the firm's board of directors is so small. Question 5 A firm that has no debt will have its return on assets (ROA) equal to its return on equity (ROE). high interest expense. no equity. no sales growth
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