Question
If the rate of interest on debt of a company is greater than its ROA, then very likely, a. The companys ROE is greater than
If the rate of interest on debt of a company is greater than its ROA, then very likely,
a. The companys ROE is greater than its ROA
b.The companys ROE is less than its ROA
c. The company should use its cash, or sell some of its assets and use the proceeds, to reduce at least some of its debt
d. b and c
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Financial Statement Fraud Casebook Baking The Ledgers And Cooking The Books
Authors: Joseph T. Wells
1st Edition
0470934417, 978-0470934418
