Question: 27. All else held constant, a higher asset turnover: a. increases ROA b. decreases ROA c. has no effect on ROA d. may raise or

 27. All else held constant, a higher asset turnover: a. increases

27. All else held constant, a higher asset turnover: a. increases ROA b. decreases ROA c. has no effect on ROA d. may raise or lower ROA, depending on how it affects revenues

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