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If profit margin increases by 7 % , asset turnover decreases by 4 % , and the equity multiplier increases by 9 % , by
If profit margin increases by asset turnover decreases by and the equity multiplier increases by by how much, approximately, will the ROE change? Round to the nearest percentage
It will decrease by
It will increase by
It will increase by
It will decrease by
Not enough information is given
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