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In the 5-way Dupont deconstruction, which of the following would lead to a decrease in Return on Equity (ROE), all else kept equal? a decrease

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In the 5-way Dupont deconstruction, which of the following would lead to a decrease in Return on Equity (ROE), all else kept equal? a decrease in the frrm's cost of goods sold (COGS) an increase in leverage refinancing existing debt at a lower interest rate an increase in the marginal tax rate for the firm an increase in sales using existing/avallable productive capacity

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