Has it cut costs and increased its net income in this


Last year Mason Inc. had a total asset turnover of 1.33 and an equity multiplier of 1.75. it sales were $195,000,000 and its net income was $10,549,000. The CFO believes that the company could have operated more efficiently, lowered its costs, and increased its net income by $5,250,000 without changing its sales, assets, or capital structure. Has it cut costs and increased its net income in this amount, by how much would the ROE have changed?

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Finance Basics: Has it cut costs and increased its net income in this
Reference No:- TGS0640719

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