This year Andrews achieved an ROE of 7.8%. Suppose next year the profit margin (Net...
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This year Andrews achieved an ROE of 7.8%. Suppose next year the profit margin (Net Income/Sales) increases. Assuming sales, assets and financial leverage remain the same next year, what effect would you expect this action to have on Andrews's ROE? Select: 1 Save Answer Andrews ROE will remain the same. Andrews ROE will increase. Andrews ROE will decrease
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