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ROA (return on assets) is measured by Earnings before interest & tax / Average total assets Assume ROA is less than 100% and that the
ROA (return on assets) is measured by Earnings before interest & tax / Average total assets Assume ROA is less than 100% and that the cash balance remains positive. State the effect the following event occurring on the reporting date would have on this ratio. EVENT: The payment of a fully-consumed expense [Select] No change Increase Decrease
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