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Ware Company has a return on assets of 15% and a return on common stockholders' equity of 10%.John Ware,the president of the company,has asked you to explain the reason for this difference.What causes the difference? How is the concept of financial leverage involved?
Product-Development Team
A group of individuals working together to conceive, design, and bring a new product to market, encompassing various roles such as research, design, engineering, and marketing.
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