A Company Increases Sales Revenue

question 39

Multiple Choice

A company increases sales revenue.Total assets and net income are unchanged.The company's net profit margin ratio:

• A)and asset turnover ratio both rise.
• B)rises and its asset turnover ratio falls.
• C)and asset turnover ratio both fall.
• D)falls and its asset turnover ratio rises.

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Definitions:

Superior

In anatomical terms, superior refers to a part of the body that is above or positioned higher relative to another part.

Inferior

A term used in anatomy to describe a structure or location that is below or lower than another part of the body; opposite of superior.

Posterior

Situated behind or at the back part of an organism or structure, opposite of anterior.

Lateral

Pertaining to the side of an organism or structure, often used in medical and anatomical descriptions.