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If a firm produces a return on assets of 15 percent and also a return on equity of 15 percent, then the firm: is using
If a firm produces a return on assets of 15 percent and also a return on equity of 15 percent, then the firm:
is using its assets as efficiently as possible. has no net working capital. has an equity multiplier of 2. has no debt of any kind. also has a current ratio of 15.
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