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The Home Supply Co. reported an ROE of 11.5% and a ROA of 6.2% for the year. Which statement is true concerning. The Home Supply
The Home Supply Co. reported an ROE of 11.5% and a ROA of 6.2% for the year. Which statement is true concerning. The Home Supply Co.? Explain A It generated more operating income than cash flows during the year. B It effectively utilized financial leverage. C It distributed 5.3% of its profits as dividends to its investors. D Its debt is equal to 5.3% of total assets. Please explain.
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