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ABC corporation has a below average profit margin and a below average total asset turnover, yet their VP of Accounting claims the firm's ROE is above average! Which of the following is correct?

their ROA is above average

their DSO is below average

their debt ratio is above average

their bonds are AAA rated

the VP of Accounting is clinically insane and does not even know the definition of ROE

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91772130

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