Which of the Following Statements Is CORRECT

question 2

Multiple Choice

Which of the following statements is CORRECT?

• A) If a firm increases its sales and cost of goods sold while holding its inventories constant, then, other things held constant, its inventory turnover ratio will decrease.
• B) A reduction in inventories held would have no effect on the current ratio.
• C) An increase in inventories would have no effect on the current ratio.
• D) If a firm increases its sales and cost of goods sold while holding its inventories constant, then, other things held constant, its inventory turnover ratio will increase.
• E) A reduction in the inventory turnover ratio will generally lead to an increase in the ROE.

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Definitions:

Pheromones

Chemical substances produced and released into the environment by animals, influencing the behavior or physiology of others of its species.

Androgens

A group of hormones that play a role in male traits and reproductive activity; present in both males and females.

Sexual Response Cycle

A sequence of physical and emotional phases that humans go through during sexual activity, including phases of excitement, plateau, orgasm, and resolution.

Masters & Johnson

A research team that pioneered the study of human sexual response and sexual disorders during the late 20th century.