financial leverage? If so is the leverage favourable or unfavourable? Explain 20

financial leverage? If so is the leverage favourable or unfavourable? Explain
2014(a)Asset turnover=6,996,000/6,553,000=1.068Return on sales=563,000/6,996,000=0.08Return on assets=563,000/6,553,000= 0.09Return on Equity563,000/3,221,000=0.175(b) In relation to the…

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