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Land Land Land, Inc. has a return on common equity of 20%. The average return on common equity for the firm's industry is 25%. Based
Land Land Land, Inc. has a return on common equity of 20%. The average return on common equity for the firm's industry is 25%. Based on this information you know that:
Question 4 options:
LLL has relatively more debt than the average firm in the industry. | |
LLL has relatively less debt than the average firm in the industry. | |
LLL generates more income for shareholders than the average firm in the industry. | |
LLL generates less income for shareholders than the average firm in the industry. |
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