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Explain how to use common control tools and techniques.

Q 9.24:A small ski resort in Montana.decided to pay cash for a new chair lift. The new lift was installed this fall. However, this winter there was little snow, and sales of lift tickets are down 30%. Which ratio is likely to be most impacted by this sequence of events?

• A : asset turnover

• B : debt ratio

• C : return on equity

• D :net margin