In the Percent-Of-Sales Method, If (A/S) and (L/S) Both Increase

question 71

Multiple Choice

In the percent-of-sales method, if (A/S) and (L/S) both increase,

• A) RNF stays the same.
• B) RNF goes down.
• C) RNF goes up.
• D) More information is needed.

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Definitions:

Consumer To Consumer (C2C)

An online marketplace where consumers can buy and sell goods and services to each other, typically facilitated by a third-party platform.

Business To Consumer (B2C)

The process of selling products or services directly from businesses to the end-users or consumers.

Instant Messenger (IM)

A communication tool that allows real-time text transmission over the internet between two or more people.

Really Simple Syndication (RSS)

An XML–based format that allows frequent updates of content on the Web.