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If Harley Davidsons managers determined that the balance in their allowance for bad debt at the end of fiscal 2017 was $100,000 too high, and
If Harley Davidsons managers determined that the balance in their allowance for bad debt at the end of fiscal 2017 was $100,000 too high, and they decided to reduce it, what effect would this have on the companys ROA, gross profit margin ratio, and net profit margin ratio during 2017? Assume no tax effects.
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Effect on ROA:
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Effect on Gross Profit Margin Ratio:
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Effect on Net Profit Margin Ratio:
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