Which of the Following Statements Is True

question 62

Multiple Choice

Which of the following statements is true?

• A) A decrease in net income decreases both the net profit margin ratio and the asset turnover ratio.
• B) An increase in average total assets results in a decrease in both the asset turnover ratio and the net profit margin ratio.
• C)A decrease in average total assets results in an increase in the asset turnover ratio and a decrease in the net profit margin ratio.
• D)An increase in net income increases both the net profit margin ratio and the return on assets ratio.

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Definitions:

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Compensation awarded to a plaintiff to recover losses suffered as a result of the defendant's wrongful actions.

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A senior position in various institutions; often the head of a university or a high-level judicial officer in some legal systems.

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A historical period in England spanning from the 5th to the late 15th century, characterized by feudalism, the establishment of the monarchy, and significant cultural developments.

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A counselor or consultant who provides expertise, advice, and guidance on a wide range of issues to a monarch or sovereign.