23、Assume U.S. GAAP (generally accepted accounting principles) applies unless otherwise noted. An analyst suspects that a particular company's financial statements may require adjustment because the company uses throughput agreements. The most likely effect of the appropriate adjustments on the company's return on assets (ROA) and debt-to-equity ratio, respectively, would be: | ROA | Debt-to-equity ratio | A. | Increase | Increase | B. | Increase | Decrease | C. | Decrease | Increase | D. | Decrease | Decrease |
A. Answer A B. Answer B C. Answer C D. Answer D
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