Question: =12. This problem asks you to evaluate a major increase in financial leverage on the part of Avon Products Inc. The company's financial statements for
=12. This problem asks you to evaluate a major increase in financial leverage on the part of Avon Products Inc. The company's financial statements for 2001–2003 and specific questions are available for download at www.mhhe.com/higgins8e. (Select Student Edition > Choose a Chapter
> Excel Spreadsheets.) You will also find it useful to consult the company's past annual reports (10-Ks) available at edgarscanpwcglobal.com.
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