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Which of the following events would not improve (increase) a companys return on equity? (Assume all else remains the same.) a. Retirement of long-term debt
Which of the following events would not improve (increase) a companys return on equity? (Assume all else remains the same.)
a. | Retirement of long-term debt with cash |
b. | Sale of common stock for cash |
c. | Reduction in operating expenses |
Select one:
b
a and b
a and c
None of the events would improve a companys return on equity.
a
c
b and c
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