Which of the Following Statements Is Correct

question 23

Multiple Choice

Which of the following statements is correct?

• A)Income from operations increases when common stock is sold for more than par value.
• B)The accrual of research and development costs does not affect the net profit margin ratio.
• C)The payment of an accrued liability decreases total asset turnover.
• D)The declaration and payment of a cash dividend increases the return on assets ratio.

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Definitions:

Traditional Culture

A set of practices, beliefs, and objects passed down within a community, which form the basis of its heritage and identity.

Assimilation

The process through which individuals or groups adopt the culture, customs, and norms of a dominant or host society, losing their original identity.

Bicultural

Identifying with or assimilating the cultural traits and values of two distinct cultures, and often navigating between them.

Marginalise

To relegate to an unimportant or powerless position within a society or group.