Which of the following events would not improve (increase) a company’s return on equity? (Assume all else remains the same.) a. Retirement of long-term debt with cash b. Sale of common stock for cash c. Reduction in operating expenses   Select one: b a and b a and c None of the events would improve a company’s return on equity. a c b and c plzz explain properly

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Which of the following events would not improve (increase) a company’s return on equity? (Assume all else remains the same.)

a. Retirement of long-term debt with cash
b. Sale of common stock for cash
c. Reduction in operating expenses

 

Select one:

b

a and b

a and c

None of the events would improve a company’s return on equity.

a

c

b and c

plzz explain properly

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