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last year alumn corp had 205000 of assets, 303500 of sales, 18250 of net income and a debt to total assets ratio of 41%.the new
last year alumn corp had 205000 of assets, 303500 of sales, 18250 of net income and a debt to total assets ratio of 41%.the new cfo believes the firm has excessive fund assests and inventory that could be sold enabling it to reduce its total assets to 152500. sales, costs and net income would not be affected and the firm would maintain the 41%. by how much would the reduction in assets improve the roe.
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