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    Financial Accounting Study Set 11
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    Exam 12: Financial Statement Analysis
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    A Company Has Return on Assets of -10
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A Company Has Return on Assets of -10

Question 27

Question 27

Multiple Choice

A company has return on assets of -10%.Return on sales are -6%.The leverage ratio is 3.0.Following DuPont analysis,what is return on equity?


A) -6%
B) -10%
C) -30%
D) -48%

Correct Answer:

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