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Author Question: Last year, Mason Inc. had a total assets turnover of 1.82 and an equity multiplier of 1.94. Its ... (Read 93 times)

heatherbabydoll1

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on: Aug 7, 2023
Last year, Mason Inc. had a total assets turnover of 1.82 and an equity multiplier of 1.94. Its sales were $263,000 and its net income was $17,335. The CFO believes that the company could have operated more efficiently, lowered its costs, and increased its net income by $6,890 without changing its sales, assets, or capital structure. Had it cut costs and increased its net income in this amount, by how much would the ROE have changed?

◦

8.73%


◦

9.00%


◦

9.25%


◦

9.45%

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Marked as best answer by heatherbabydoll1 on Aug 7, 2023

ElaneShive

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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heatherbabydoll1

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Reply 2 on: Aug 7, 2023
Great answer, keep it coming :)

ebonylittles

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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