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Financial Leverage Is Positive When the Return on Equity (ROE)

question 114

True/False

Financial leverage is positive when the return on equity (ROE) is higher than the return on assets (ROA).


Definitions:

Integer

A data type used in programming to represent whole numbers without fractional parts.

Float

A data type used in programming to represent real numbers with fractional parts.

Double

A data type in programming that represents a double-precision 64-bit floating point numerical value.

String Variable

A variable that is used to store text.

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