Which of the Following Statements Is True

question 62

Multiple Choice

Which of the following statements is true?

• A) A decrease in net income decreases both the net profit margin ratio and the asset turnover ratio.
• B) An increase in average total assets results in a decrease in both the asset turnover ratio and the net profit margin ratio.
• C)A decrease in average total assets results in an increase in the asset turnover ratio and a decrease in the net profit margin ratio.
• D)An increase in net income increases both the net profit margin ratio and the return on assets ratio.

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Definitions:

Marriage Documents

Legal papers and certificates that validate the union of two individuals as recognized by governmental or religious authorities.

Attendance Registers

are official lists or records used for tracking the presence or absence of individuals, such as students in schools or employees in workplaces.

Theoretical Perspective

An established framework of assumptions and propositions used for understanding and explaining various phenomena.

Stratified Schools

Educational institutions that are divided or ranked according to various criteria, such as academic achievement, which can perpetuate social inequalities.