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Which of the following factors does NOT influence the extent to which Shareholders Equity (S/E) grows? 1) The growth rate in the firms sales 2)
Which of the following factors does NOT influence the extent to which Shareholders Equity (S/E) grows?
1) The growth rate in the firms sales
2) A change in the firms degree of financial leverage
3) A change in the firms investment in net operating assets (NOA)
4) A change in the cost of the firms financial obligations (net borrowing cost)
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