If a Company Increases the Selling Price of the Product

question 177

Multiple Choice

If a company increases the selling price of the product it sells and all other data on the financial statements remains the same,which of the following ratios will be unaffected?

• A)Fixed asset turnover
• B)Net profit margin
• C)Inventory turnover
• D)Earnings per share

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Definitions:

Lifespan

The length of time for which a being or a thing exists; in humans, it relates to the duration of an individual's life.

Millennial

An individual born approximately between the early 1980s and late 1990s, characterized by their familiarity with technology, media, and digital environments.

Miscommunication

A failure to accurately exchange information, leading to misunderstandings or errors in conveying a message.

Noise

Any stimulus that interferes with accurately expressing or understanding a message.