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In a Strategic Profitability Model, what would happen to your companies Return on Equity if the GM% went up by .5% (for example from 24.25%

In a Strategic Profitability Model, what would happen to your companies Return on Equity if the GM% went up by .5% (for example from 24.25% to 25.75% (one half percentage point) assuming no change to any other ratios? Show calculations. What are the implications?

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