Determine whether each of the following changes in profitability ratios normally is good news or bad news
Question:
a. Increase in profit margin.
b. Decrease in asset turnover.
c. Decrease in return on equity.
d. Increase in the price-earnings ratio.
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Related Book For
Financial Accounting
ISBN: 978-0078025549
3rd edition
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
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