Assuming no changes in other variables, which of the following would decrease ROA? A. A decrease in

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Assuming no changes in other variables, which of the following would decrease ROA?

A. A decrease in the effective tax rate.

B. A decrease in interest expense.

C. An increase in average assets.

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International Financial Statement Analysis CFA Institute Investment Series

ISBN: 9780470287668

1st Edition

Authors: Thomas R. Robinson, Hennie Van Greuning CFA, Elaine Henry, Michael A. Broihahn, Sir David Tweedie

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