Using the information below, which of the following best describes the current situation of this...
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Finance
Using the information below, which of the following best describes the current situation of this firm 2020 2021 Net Inc. -300 200 Total Equity -1,400 -1,200 ROE 21.43% -16.67% O If trends continue, the firm will keep suffering further declines in profitability Assuming no issue of new stock, the current dividend policy is the driving factor of the current year's negative ROE ROE is not a useful metric for this scenario

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