If a firm's profit margin increases by 8%, the debt-to-equity
ratio increases from 35% to 55%, and asset turnover falls by 20%,
the effect on ROE is ______.
A. +1.6%
B . +0.24%
C . -0.8%
If a firm's profit margin increases by 8%, the debt-to-equity
ratio increases from 35% to 55%, and asset turnover falls by 20%,
the effect on ROE is ______.
A. +1.6%
B . +0.24%
C . -0.8%
Which of the following financial ratios is NOT...