If average total assets increase, but net income, net sales, and average stockholders equit remain the same,

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If average total assets increase, but net income, net sales, and average stockholders" equit\ remain the same, what is the impact on the return on equity ratio?

a. Increases

c. Remains the same

b. Decreases

d. Cannot be determined without additional information

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Financial Accounting

ISBN: 9780073208145

5th Edition

Authors: Robert Libby, Patricia Libby, Daniel Short

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