On January 29, 1999, The Wall Street Journal reported: ''Sears, Roebuck & Co. is moving toward more
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On January 29, 1999, The Wall Street Journal reported: ''Sears, Roebuck & Co. is moving toward more conservative accounting methods, used by competing credit card issuers, which will boost its loan losses, by about $200 million, during the next 5 quarters.'' What effect should this new policy have had on future return on net operating assets?
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