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PDF S (b 8% JI001411 rJro C. 9% d. 10% 11. By how much must a firm reduce its assets in order to improve ROA

PDF S (b 8% JI001411 rJro C. 9% d. 10% 11. By how much must a firm reduce its assets in order to improve ROA from 10% to 12% if the firm's profit margin is 5% on sales of $4 million? a. $240,000 b2$333,333 c. $400,000 d. $516,167 12. Which of the following will increase a firm's times interest earned ratio? a. An increase in debt R E162.679% 3/6

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