Question: 1. 2. 3. ROA (return on assets) is measured by Earnings before interest & tax/ Average total assets Assume ROA is less than 100% and

ROA (return on assets) is measured by Earnings before interest & tax/ 2.

Average total assets Assume ROA is less than 100% and that the 3.

cash balance remains positive. State the effect the following event occurring on

ROA (return on assets) is measured by Earnings before interest & tax/ Average total assets Assume ROA is less than 100% and that the cash balance remains positive. State the effect the following event occurring on the reporting date would have on this ratio. EVENT: The receipt of proceeds from a 5-year reducing balance bank loan [ Select ]

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