Business

Jakobe Bean

30 July, 03:46

This year andrews achieved an roe of 18.8%. suppose the board of directors of andrews mandates that management take measures to increase financial leverage (=assets/equity) next year. assuming sales, profits, and assets remain the same next year, what effect would you expect this new leverage policy will have on andrews roe? select: 1save answer andrews roe will increase. andrews roe will decrease. andrews roe will remain the sam

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