Question: Compute the financial leverage percentage for Year 2 given the following data: Year 2 Year 1 Return on equity 21.00 %, 27.00 % Return on

Compute the financial leverage percentage for Year 2 given the following data:

Year 2 Year 1

Return on equity 21.00 %, 27.00 %

Return on assets 6.00, 9.30

Profit margin 18.00, 18.00

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