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  3. Study Set
    Financial Accounting Study Set 3
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    Exam 15: Financial Statement Analysis
  5. Question
    Which of the Following Could NOT Explain an Increase in the Return
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Which of the Following Could NOT Explain an Increase in the Return

Question 24

Question 24

Multiple Choice

Which of the following could NOT explain an increase in the return on equity ratio?


A) Share buyback
B) Declaring a final dividend
C) Increase in gross profit
D) Purchase of land on credit

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