Social Studies, 06.11.2019 04:31, jaylen63

This year andrews achieved an roe of 4.7%. suppose management takes measures that decrease asset turnover (sales/total assets) next year. assuming sales, profits, and financial leverage remain the same, what effect would you expect this action to have on andrews's roe?

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This year andrews achieved an roe of 4.7%. suppose management takes measures that decrease asset tur...