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Firms with a lower return on assets (ROA) and higher leverage will have a lower return on equity (ROE) than firms with a higher return
Firms with a lower return on assets (ROA) and higher leverage will have a lower return on equity (ROE) than firms with a higher return on assets (ROA) and lower leverage.
| True | |
| False |
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Accounting For Non Accounting Students
Authors: John Dyson, Ellie Franklin
10th Edition
1292286938, 9781292286938
