Question
If Lester Corporation takes out a bank loan to purchase a machine used in production and everything else stays the same, its equity multiplier will
If Lester Corporation takes out a bank loan to purchase a machine used in production and everything else stays the same, its equity multiplier will ________, and its ROE will ________.
options:
decrease; increase
decrease; decrease
increase; increase
increase; decrease
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Meetings Expositions Events And Conventions An Introduction To The Industry
Authors: George Fenich
5th Edition
0134735900, 9780134735900
