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Moving to the next question prevents changes to this answer. Question 32 of 34 Question...

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Moving to the next question prevents changes to this answer. Question 32 of 34 Question 32 4 points Save Answer The board of directors is dissatisfied with last year's ROE of 15%. If the profit margin and asset tumover ratio remain unchanged at 8% and 1.25, respectively, by how much must the leverage ratio (ie, assets/equity) increase to achieve 20% ROE? Leverage ratio must increase by 16.67% U Leverage ratio must increase by 5 Th 01 Leverage ratio must increase by 33.3% CS The 1 Leverage ratio must increase by 0.5

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