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Will leave thumbs up ASAP! The asset turnover ratio in the DuPont model would be if the firm used some cash on hand and paid

Will leave thumbs up ASAP!

The asset turnover ratio in the DuPont model would be if the firm used some cash on hand and paid down (redeemed) a lot of its outstanding bonds, other things held equal. 1) LOWER 2) BE UNAFFECTED 3) HIGHER

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