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    Practical Financial Management Study Set 1
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    Exam 3: Cash Flows and Financial Analysis
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    In Two Successive Years, It Is Possible for a Firm
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In Two Successive Years, It Is Possible for a Firm

Question 122

Question 122

True/False

In two successive years, it is possible for a firm to have identical profit and maintain identical levels of assets, but have different return on equity.

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