Which of the Following Statements Is Correct

question 35

Multiple Choice

Which of the following statements is correct?

• A)Selling inventory at its cost does not affect the net profit margin ratio.
• B)Accruing sales revenue does not affect the net profit margin ratio.
• C)The total asset turnover ratio increases when fixed assets are sold at a loss.
• D)The net profit margin ratio decreases when common stock is issueD.Selling fixed assets at a loss reduces average total assets which is the denominator of the total asset turnover ratio.The total asset turnover ratio will therefore increase.

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Definitions:

Generativity

A concern for establishing and guiding the next generation, often shown through parenting, teaching, mentoring, and contributing positively to society.

Generativity

A concern for establishing and guiding the next generation, often developing during middle adulthood.

Responsibility

The ethical principle that requires researchers to act responsibly by adhering to professional standards of conduct and clarifying their obligations and roles to others.

Generativity

A term from Erik Erikson's theory of human development, denoting the concern for establishing and guiding the next generation, often manifested through parenting, teaching, and mentorship.