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What must happen to asset turnover to leave ROE unchanged from its original 16% level if the operating profit margin is reduced from 8% to
What must happen to asset turnover to leave ROE unchanged from its original 16% level if the operating profit margin is reduced from 8% to 6% and the leverage ratio increases from 1.2 to 1.6? Asset turnover must: remain constant. O increase from 1.46 to 2.33. O decrease from 1.74 to 1.67 O increase from 1.38 to 167
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