The board of directors is dissatisfied with last year's roe of 15%. If the operating profit margin and asset turnover ratio remain unchanged at 8% and 1.25, respectively, by how much must the leverage ratio (i. E., assets/equity) increase to achieve 20% roe?
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Home » Business » The board of directors is dissatisfied with last year's roe of 15%. If the operating profit margin and asset turnover ratio remain unchanged at 8% and 1.25, respectively, by how much must the leverage ratio (i. E.