Question: Question 5 (1 point) Dave Smith's rate of return on assets (ROA) this year was 5.5% while his rate of return on equity (ROE) was

Question 5 (1 point) Dave Smith's rate of return on assets

(ROA) this year was 5.5% while his rate of return on equity

Question 5 (1 point) Dave Smith's rate of return on assets (ROA) this year was 5.5% while his rate of return on equity (ROE) was 7%. Given this information, what can you generalize about the average interest rate Dave is paying on his debt relative to the rates of return above? Briefly explain your answer. PA Question 5 (1 point) Dave Smith's rate of return on assets (ROA) this year was 5.5% while his rate of return on equity (ROE) was 7%. Given this information, what can you generalize about the average interest rate Dave is paying on his debt relative to the rates of return above? Briefly explain your answer. PA

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