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This year andrews achhieved an ROE of 7.9%. suppose the board ofdirectors of andews mandates that management take measures toincrease financial leverage (=assets/equity) next years.

This year andrews achhieved an ROE of 7.9%. suppose the board ofdirectors of andews mandates that management take measures toincrease financial leverage (=assets/equity) next years. Assumingsales, 2 answers

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