Generally, as Long as a Firm's Return on Assets Is

question 45

True/False

Generally, as long as a firm's return on assets is greater than the cost of debt, the owners' return on equity investment will decrease as the firm uses more debt.

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Definitions:

South Carolina

A U.S. state in the southeastern region, known for its role in American history, including the Civil War's start at Fort Sumter.

Federal Government's Refusal

A situation where the national government decides not to approve or accept a specific action, legislation, or proposal.

Supreme Court's Hostility

Refers to periods when the U.S. Supreme Court has made decisions adverse to particular groups' rights or social progress.