Question: Please explain in excel thank you If its return on equity is 11 percent, what is its net income? Answer Suppose that the company wants
Please explain in excel thank you
If its return on equity is 11 percent, what is its net income? Answer Suppose that the company wants to reduce its debt-equity ratio to 0.50. It expects its profit margin to remain the same and does not plan to increase assets. By what percent must sales increase to maintain the same return on equity? Answer Should the company decrease its leverage? Please provide a one-sentence recommendation and justification for your answer Answer swer in which you provided a recommendation and justified it with an explanation. For example, "Yes, because it can maintain the same ROE with only 5% sales growth
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