Question: Compute the financial leverage percentage for Year 2 given the following data: Return on equity Return on assets Profit margin Year 2 21.00% 5.00 18.00

Compute the financial leverage percentage for Year 2 given the following data: Return on equity Return on assets Profit margin Year 2 21.00% 5.00 18.00 Year 1 26.00% 9.20 18.00 Financial leverage percentage 24:%

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