Approximately what percentage of residents in the USA are in the lower class?
(a) 15
(b) 30
(c) 45
(d) 60
b
Business
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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?
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