Question

This year andrews achieved an roe of 8.5%. Suppose the board of directors of andrews mandates that management take measures to decrease financial leverage (assets/equity) next year. Assuming sales, profits, and assets remain the same next year, what effect would you expect this new leverage policy will have on andrews's roe?

Answer 1

Explanation:

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interval is 50 BPs overnight. If the day closes at 44.30 spot for USD, what is the worst possible rate for imports the day after

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