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  3. you observe that a firm's roe is above the industr

You observe that a firm's ROE is above the industry average, but its profit margin...

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Question

Accounting

You observe that a firm's ROE is above the industry average, but its profit margin and debt ratio are both below the industry average. Which of the following statements is CORRECT?
Please show your work/thought process
a. Its total assets turnover must equal the industry average.
b. Its total assets turnover must be above the industry average.
c. Its return on assets must equal the industry average.
d. Its TIE ratio must be below the industry average.
e. Its total assets turnover must be below the industry average.

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