Question: Assume that Microsoft decided to increase leverage by issuing debt and using the cash received to pay a dividend. How would this affect ROA and

Assume that Microsoft decided to increase leverage by issuing debt and using the cash received to pay a dividend. How would this affect ROA and Operating ROA?

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Increasing leverage by issuing debt and using the cash received to pay dividends can have a mixed impact on Microsofts return on assets ROA and operat... View full answer

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