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  3. 4. explain how return on net operating assets ( rn

4. Explain how return on net operating assets ( RNOA ) and financial leverage (FLEV)...

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Accounting

4. Explain how return on net operating assets ( RNOA ) and financial leverage (FLEV) affect return on equity (ROE). Is greater FLEV always better?
5. Explain ghe trade off between net operating profit margin and net operating asset turnover.
6. What is liquidity ? identify and discuss two ways to measure a companys liquidity.

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