Which of the Following Statements Is True

question 76

Multiple Choice

Which of the following statements is true?

• A) A 10% increase in sales has a smaller impact on cash flow than a 10% reduction in cost of sales.
• B) A 10% increase in sales has the same impact on cash flow than a 10% reduction in cost of sales.
• C) A 10% increase in sales has a larger impact on cash flow than a 10% reduction in cost of sales.
• D) A 10% increase in sales has a smaller impact on after-tax profits than a 10% reduction in cost of sales.
• E) None of the above

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Definitions:

Morbidity Rates

The frequency or proportion of individuals in a population who experience a specific illness, condition, or disease during a given time period.

Smoking Kills

A warning indicating that the act of inhaling smoke from substances, such as tobacco, has been medically proven to result in fatal diseases, including cancer and heart disease.

Culture

The sum of attitudes, customs, and beliefs that distinguish one group of people from another, transmitted through language, material objects, ritual, institutions, and art.

Religion

A system of beliefs and practices related to the sacred, the supernatural, and/or a set of values to which the individual is very committed.