What Ratio Will Definitely Increase When a Firm Increases Its

question 58

Multiple Choice

What ratio will definitely increase when a firm increases its annual sales with no corresponding increase in assets?

• A) Asset turnover
• B) Current ratio
• C) Liquidity ratio
• D) Quick ratio

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Definitions:

Selfish Tone

A manner of communication that shows more concern for one's own interests, needs, or desires rather than those of others.

Project Deadline

A project deadline is the specific date by which a project must be completed or reach a significant milestone.

External Audience

Individuals or groups outside of an organization who are a target for communication or outreach, such as customers, clients, or the general public.

Sustainable Design

A design philosophy focusing on reducing environmental impact and conserving resources for future generations.