$$\text { Reference: } 12 - 10$$ Harstin Corporation Has Provided the Following Data

question 45

True/False

$$\text { Reference: } 12 - 10$$ Harstin Corporation has provided the following data: $$\begin{array} { | l | r | } \hline \text { Sales } & \$ 625,000 \\\hline \text { Gross margin } & 70,000 \\\hline \text { Net operating income } & 50,000 \\\hline \text { Stockholders' equity } & 90,000 \\\hline \text { Average operating assets } & 250,000 \\\hline \text { Residual income } & 20,000 \\\hline\end{array}$$
-The return on investment can ordinarily be improved by either increasing sales, reducing expenses, or reducing operating assets, assuming each of the other factors remain unchanged.

---

Definitions:

Voluntary

Actions or decisions made by free choice, without external coercion.

Cardiac

Relating to the heart and its functions in health and disease.

Osteoarthritis

A degenerative joint disease characterized by the breakdown and eventual loss of joint cartilage.

Muscle Fitness

A state of health and physical well-being in muscles characterized by strength, endurance, and flexibility.