The T-Shirt Hut Successfully Managed to Reduce Its General and Administrative

question 67

Multiple Choice

The T-shirt Hut successfully managed to reduce its general and administrative costs this year.This cost improvement will increase which of the following ratios?
I.Profit margin
II.Return on assets
III.Total asset turnover
IV.Return on equity

• A)I and II only
• B)I and III only
• C)II, III, and IV only
• D)I, II, and IV only
• E)I, II, III, and IV

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Definitions:

State Field

A data field specifically used for storing the state portion of an address or geographical information in databases and applications.

Decimal Places Property

A numerical setting that determines the number of digits to the right of the decimal point in a numeric value.

Price Field

A specific field in databases or software applications designed to store monetary values representing the cost or price of items.

Subdatasheets

A feature in some database software that allows users to view and edit related data from a related table or query in a hierarchical format.