Which of the Following Statements Is True

question 27

Multiple Choice

Which of the following statements is true?

• A) If the asset turnover ratio remains constant and the profit margin increases,return on assets must have increased.
• B) If return on assets increases,return on equity must increase.
• C) If the current ratio increases,the quick ratio will also increase.
• D) If return on assets decrease return on equity will increase.

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Definitions:

Richest People

Individuals with the highest net worth or wealth within a society or globally, often featured in rankings by financial publications.

Basic Sanitation

Refers to services and facilities for the safe management of human excreta, including its disposal and treatment.

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A framework in sociology and history that suggests the world is interconnected through economic and political relations, with a focus on the division between core, semi-peripheral, and peripheral nations.

Globalization Development

involves the processes that increase the connectivity and interdependence of the world's markets and businesses, influencing social, economic, and political systems.