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Which of the following statements is true: - Other things equal, an increase in average accounts receivable will increase a firm's return on assets. -

Which of the following statements is true: - Other things equal, an increase in average accounts receivable will increase a firm's return on assets. - ROE is equal to ROA when the firm has no debt. - Residual income is not the same as economic value added - Increasing leverage will always act to increase a firm's ROE

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