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QUESTION
Excess level of which of the following balance sheet items can lead to lower level of ROE?
Excess level of which of the following balance sheet items can lead to lower level of ROE?
I. Goodwill
II. Account Receivables
III. Cash
IV. Inventory
a. III only
b. I, II, III and IV
c. I only
d. IV only
e. II and III only
