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Posted on Jun 08, 2024

For a given level of profitability as measured by profit margin, the firm's return on equity will: a. Increase as its debt to assets ratio

For a given level of profitability as measured by profit margin, the firm's return on equity will:

a. Increase as its debt to assets ratio decreases

b. Decrease as its current ratio increases

c. Increase as its debt to assets ratio increases

d. Decrease as its times interest earned ratio decreases

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